Subject to Implementing Legislation! A further decree of the relevant Ministries (Interior, Labour, Foreign Affairs and Tourism) is awaited (and has been delayed presumably by Parliamentary elections on 26 September) We will post further once we have further news. Italy has introduced new rules to […]
The Italian tax regime applicable to residential real estate can seem confusing. Real estate has always been an attractive source of income for governments around Europe, and Italy is no exception. As real estate is difficult to move about, it presents an easy target for […]
Below is out guide in pdf format which you can download. 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.
Table of Contents Italian Reporting Obligations and Wealth Taxes on foreign (non Italian) property Italian resident taxpayers who own real estate, bank accounts, valuables and financial investments outside Italy are required: to report these assets in their annual tax return (the Section RW); and account […]