{"id":2809,"date":"2021-05-13T18:48:24","date_gmt":"2021-05-13T16:48:24","guid":{"rendered":"http:\/\/159.65.127.138\/?p=2809"},"modified":"2026-01-12T01:12:41","modified_gmt":"2026-01-12T00:12:41","slug":"ivie-tax-base-post-brexit","status":"publish","type":"post","link":"https:\/\/taxing.it\/it\/ivie-tax-base-post-brexit\/","title":{"rendered":"Base imponibile IVIE post-Brexit"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"2809\" class=\"elementor elementor-2809\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3e57b000 e-flex e-con-boxed e-con e-parent\" data-id=\"3e57b000\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-641e4d35 elementor-widget elementor-widget-text-editor\" data-id=\"641e4d35\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><img decoding=\"async\" style=\"float: right; margin: 0 0 10px 20px; width: 200px;\" src=\"https:\/\/taxing.it\/wp-content\/uploads\/2021\/05\/brexit-1-300x169.jpg\" \/><\/p><p>Brexit has had a potentially expensive impact for Italian tax residents owning real estate in the UK.\u00a0 Italian tax residents are generally required to pay <a href=\"https:\/\/taxing.it\/it\/ivie-ivafe-wealth-tax-on-foreign-property\/\">IVIE &#8211;\u00a0 wealth or ownership tax<\/a> on foreign (i.e. non Italian) real estate\u00a0 .As a result of Brexit,\u00a0 in the view of the Italian Tax Agency, the taxable base will be, from Italian tax year 2021 (the year ending on 31 December 2021) onward, the original <strong>purchase price<\/strong> rather than the Council Tax valuation, applicable prior to Brexit.\u00a0<\/p><p>The tax applies generally from FY 2024 onward at the rates shown here currently 1.06% of the tax value of the property.<\/p><p style=\"text-align: justify;\">From 1 January 2021, the United Kingdom is no longer part of the customs and tax territory of the European Union. The withdrawal of the United Kingdom from the EU implies, for the purposes of determining the taxable base for the property on which the <a href=\"https:\/\/taxing.it\/it\/ivie-ivafe-wealth-tax-on-foreign-property\/\" target=\"_blank\" rel=\"noopener\">IVIE (\u201cImposta sul valore degli immobili situati all\u2019estero\u201d<\/a> under Article 1, paragraph 13 ff. of Decree Law 6 December 2011, n. 201) is due, the application of the general criterion of the cost shown in the deed of purchase, rather than the\u00a0 \u201ccadastral\u201d or Land Registry criterion which applies, by Tax Agency concession, to properties located in countries belonging to the European Union or in countries belonging to the European Economic Area which ensure an adequate exchange of information.<\/p><p style=\"text-align: justify;\">On the occasion of \u2018Telefisco 2021\u2019, an event organised by the well-known Italian newspaper \u2018Il Sole 24Ore\u2019, the Italian Tax Agency confirmed their view of the consequences of Brexit and clarified that the above-mentioned change will be effective from the 2021 tax year. Therefore, from the tax year 2021 \u2013 and therefore in the declaration to be filed in 2022 \u2013 for real estate owned in the United Kingdom\u00a0 by Italian residents, it will no longer be possible to use for IVIE purposes the value used to determine the Council tax (i.e. the Council tax Band). Instead the\u00a0 taxable value for IVIE purposes will be the lower of market value or purchase cost\u00a0 (or probate value if the property was acquired by inheritance will have to be used.\u00a0<\/p><p style=\"text-align: justify;\">Under pre-existing IVIE rules, the purchase\/probate value may only be used if the taxpayer, is able to show by reference to documentary evidence what that purchase\/probate value actually was.\u00a0 Therefore taxpayers intending to the base their 2022 tax returns on the purchase price need to be in a position to adequately document the purchase value.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Brexit has had a potentially expensive impact for Italian tax residents owning real estate in the UK.\u00a0 Italian tax residents are generally required to pay IVIE &#8211;\u00a0 wealth or ownership tax on foreign (i.e. non Italian) real estate\u00a0 .As a result of Brexit,\u00a0 in the view of the Italian Tax Agency, the taxable base will [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,54,92,156],"tags":[],"class_list":["post-2809","post","type-post","status-publish","format-standard","hentry","category-technical-update","category-blog","category-real-estate","category-wealth-tax"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IVIE Tax Base Post Brexit | Taxing.It<\/title>\n<meta name=\"description\" content=\"Brexit has had a potentially expensive impact for Italian tax residents owning real estate in the UK.\u00a0 Italian tax residents are generally required to pay\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/taxing.it\/it\/ivie-tax-base-post-brexit\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IVIE Tax Base Post Brexit | Taxing.It\" \/>\n<meta property=\"og:description\" content=\"Brexit has had a potentially expensive impact for Italian tax residents owning real estate in the UK.\u00a0 Italian tax residents are generally required to pay\" \/>\n<meta property=\"og:url\" content=\"https:\/\/taxing.it\/it\/ivie-tax-base-post-brexit\/\" \/>\n<meta property=\"og:site_name\" content=\"Taxing.It\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Taxing.It\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-13T16:48:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-12T00:12:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/taxing.it\/wp-content\/uploads\/2021\/05\/brexit-1-300x169.jpg\" \/>\n<meta name=\"author\" content=\"Elisabetta Casano\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Italy_Tax\" \/>\n<meta name=\"twitter:site\" content=\"@Italy_Tax\" \/>\n<meta name=\"twitter:label1\" content=\"Scritto da\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elisabetta Casano\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/\"},\"author\":{\"name\":\"Elisabetta Casano\",\"@id\":\"https:\\\/\\\/taxing.it\\\/#\\\/schema\\\/person\\\/a9cbbca03f2f44538b6993f8a0034abb\"},\"headline\":\"IVIE Tax Base Post Brexit\",\"datePublished\":\"2021-05-13T16:48:24+00:00\",\"dateModified\":\"2026-01-12T00:12:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/\"},\"wordCount\":403,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/taxing.it\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/brexit-1-300x169.jpg\",\"articleSection\":[\"Technical Update\",\"Blog\",\"Real Estate\",\"Wealth Tax\"],\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/\",\"url\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/\",\"name\":\"IVIE Tax Base Post Brexit | Taxing.It\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/taxing.it\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/brexit-1-300x169.jpg\",\"datePublished\":\"2021-05-13T16:48:24+00:00\",\"dateModified\":\"2026-01-12T00:12:41+00:00\",\"description\":\"Brexit has had a potentially expensive impact for Italian tax residents owning real estate in the UK.\u00a0 Italian tax residents are generally required to pay\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/#breadcrumb\"},\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/#primaryimage\",\"url\":\"https:\\\/\\\/taxing.it\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/brexit-1-300x169.jpg\",\"contentUrl\":\"https:\\\/\\\/taxing.it\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/brexit-1-300x169.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/taxing.it\\\/ivie-tax-base-post-brexit\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/taxing.it\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IVIE Tax Base Post Brexit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/taxing.it\\\/#website\",\"url\":\"https:\\\/\\\/taxing.it\\\/\",\"name\":\"Taxing.It\",\"description\":\"Resources in English for Italian Tax\",\"publisher\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/taxing.it\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"it-IT\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/taxing.it\\\/#organization\",\"name\":\"Taxing.It\",\"url\":\"https:\\\/\\\/taxing.it\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\\\/\\\/taxing.it\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/taxing.it\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/cropped-CellBGSquarewText-1.jpg\",\"contentUrl\":\"https:\\\/\\\/taxing.it\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/cropped-CellBGSquarewText-1.jpg\",\"width\":512,\"height\":512,\"caption\":\"Taxing.It\"},\"image\":{\"@id\":\"https:\\\/\\\/taxing.it\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Taxing.It\\\/\",\"https:\\\/\\\/x.com\\\/Italy_Tax\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/taxing.it\\\/#\\\/schema\\\/person\\\/a9cbbca03f2f44538b6993f8a0034abb\",\"name\":\"Elisabetta Casano\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/91451d5179f976474bffa94e19067db9769e8b1f3bb4e8014f91349d80f49ee1?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/91451d5179f976474bffa94e19067db9769e8b1f3bb4e8014f91349d80f49ee1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/91451d5179f976474bffa94e19067db9769e8b1f3bb4e8014f91349d80f49ee1?s=96&d=mm&r=g\",\"caption\":\"Elisabetta Casano\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IVIE Tax Base Post Brexit | Taxing.It","description":"Brexit has had a potentially expensive impact for Italian tax residents owning real estate in the UK.\u00a0 Italian tax residents are generally required to pay","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/taxing.it\/it\/ivie-tax-base-post-brexit\/","og_locale":"it_IT","og_type":"article","og_title":"IVIE Tax Base Post Brexit | Taxing.It","og_description":"Brexit has had a potentially expensive impact for Italian tax residents owning real estate in the UK.\u00a0 Italian tax residents are generally required to pay","og_url":"https:\/\/taxing.it\/it\/ivie-tax-base-post-brexit\/","og_site_name":"Taxing.It","article_publisher":"https:\/\/www.facebook.com\/Taxing.It\/","article_published_time":"2021-05-13T16:48:24+00:00","article_modified_time":"2026-01-12T00:12:41+00:00","og_image":[{"url":"https:\/\/taxing.it\/wp-content\/uploads\/2021\/05\/brexit-1-300x169.jpg","type":"","width":"","height":""}],"author":"Elisabetta Casano","twitter_card":"summary_large_image","twitter_creator":"@Italy_Tax","twitter_site":"@Italy_Tax","twitter_misc":{"Scritto da":"Elisabetta Casano","Tempo di lettura stimato":"2 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/#article","isPartOf":{"@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/"},"author":{"name":"Elisabetta Casano","@id":"https:\/\/taxing.it\/#\/schema\/person\/a9cbbca03f2f44538b6993f8a0034abb"},"headline":"IVIE Tax Base Post Brexit","datePublished":"2021-05-13T16:48:24+00:00","dateModified":"2026-01-12T00:12:41+00:00","mainEntityOfPage":{"@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/"},"wordCount":403,"commentCount":0,"publisher":{"@id":"https:\/\/taxing.it\/#organization"},"image":{"@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/#primaryimage"},"thumbnailUrl":"https:\/\/taxing.it\/wp-content\/uploads\/2021\/05\/brexit-1-300x169.jpg","articleSection":["Technical Update","Blog","Real Estate","Wealth Tax"],"inLanguage":"it-IT","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/taxing.it\/ivie-tax-base-post-brexit\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/","url":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/","name":"IVIE Tax Base Post Brexit | Taxing.It","isPartOf":{"@id":"https:\/\/taxing.it\/#website"},"primaryImageOfPage":{"@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/#primaryimage"},"image":{"@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/#primaryimage"},"thumbnailUrl":"https:\/\/taxing.it\/wp-content\/uploads\/2021\/05\/brexit-1-300x169.jpg","datePublished":"2021-05-13T16:48:24+00:00","dateModified":"2026-01-12T00:12:41+00:00","description":"Brexit has had a potentially expensive impact for Italian tax residents owning real estate in the UK.\u00a0 Italian tax residents are generally required to pay","breadcrumb":{"@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/taxing.it\/ivie-tax-base-post-brexit\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/#primaryimage","url":"https:\/\/taxing.it\/wp-content\/uploads\/2021\/05\/brexit-1-300x169.jpg","contentUrl":"https:\/\/taxing.it\/wp-content\/uploads\/2021\/05\/brexit-1-300x169.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/taxing.it\/ivie-tax-base-post-brexit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/taxing.it\/"},{"@type":"ListItem","position":2,"name":"IVIE Tax Base Post Brexit"}]},{"@type":"WebSite","@id":"https:\/\/taxing.it\/#website","url":"https:\/\/taxing.it\/","name":"Taxing.It","description":"Resources in English for Italian Tax","publisher":{"@id":"https:\/\/taxing.it\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/taxing.it\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"},{"@type":"Organization","@id":"https:\/\/taxing.it\/#organization","name":"Taxing.It","url":"https:\/\/taxing.it\/","logo":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/taxing.it\/#\/schema\/logo\/image\/","url":"https:\/\/taxing.it\/wp-content\/uploads\/2018\/06\/cropped-CellBGSquarewText-1.jpg","contentUrl":"https:\/\/taxing.it\/wp-content\/uploads\/2018\/06\/cropped-CellBGSquarewText-1.jpg","width":512,"height":512,"caption":"Taxing.It"},"image":{"@id":"https:\/\/taxing.it\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Taxing.It\/","https:\/\/x.com\/Italy_Tax"]},{"@type":"Person","@id":"https:\/\/taxing.it\/#\/schema\/person\/a9cbbca03f2f44538b6993f8a0034abb","name":"Elisabetta Casano","image":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/secure.gravatar.com\/avatar\/91451d5179f976474bffa94e19067db9769e8b1f3bb4e8014f91349d80f49ee1?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/91451d5179f976474bffa94e19067db9769e8b1f3bb4e8014f91349d80f49ee1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/91451d5179f976474bffa94e19067db9769e8b1f3bb4e8014f91349d80f49ee1?s=96&d=mm&r=g","caption":"Elisabetta Casano"}}]}},"_links":{"self":[{"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/posts\/2809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/comments?post=2809"}],"version-history":[{"count":7,"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/posts\/2809\/revisions"}],"predecessor-version":[{"id":9864,"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/posts\/2809\/revisions\/9864"}],"wp:attachment":[{"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/media?parent=2809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/categories?post=2809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxing.it\/it\/wp-json\/wp\/v2\/tags?post=2809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}