Do I need to file an Italian Tax Return?

To File or Not to File The answer is most probably yes as the reader will desume from reading the instructions from the Italian tax return. Exemptions and Obligations are contained on page 3 onward of the Instructions for Compilation of the Annual Italian Tax Return  (2025 return for reporting FY 2024 income and assets). […]

Italy Tax Guide

Overview This is a very general guide and only intended to give some basic background information. It should not be seen as a substitute for specific advice.  It focusses on the taxation of individuals and does not deal in any detail with the taxation of income from business activities (see here for more information). Tax […]

Flat Tax for pensioners coming to live in the South of Italy – 10 years at 7%

What does the special tax relief consist of? A 7% flat tax on all income for all pensioners (regardless of nationality) who: have been tax resident outside Italy for at least five (5) years prior to the tax year in which they become Italian tax resident; transfer their tax residence to one of the Regions in […]

Manage your Canone TV Licence Fee

Official Guidance on Meaning of Equipment (in Italian) “As is well known [sic], art. 1 of Decree  of the Crown no. 246/1938 provides that “Anyone holding one or more of the following items of equipment which are suitable or can be adaptable for the reception of “radioaudizioni” (intepreted as TV radio signals) must pay the […]

Segnalazione Attività Estere, Sezione RW, IVIE e IVAFE - Imposta Patrimoniale su Beni Immobili Esteri

Increase in IVIE and IVAFE Starting from FY 2024, the rate of  IVIE,  the tax on the value of foreign (non Italian) real estate located abroad, will increase from 0.76% to 1.06%.  This increase applies generally to all real estate situated outside Italy by a Italian tax resident.    IVAFE, the tax on the value […]