The Double Whammy

What is the “Double Whammy” in Italian tax? The “double whammy” is what hits certain individuals who have recently moved to Italy and new businesses in the second year after start-up. No tax in your first year You pay no tax in your first year after the move but the tax due for that first […]

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.  Table of Contents Tax residence Impact of tax residence Individuals who are tax-resident in Italy for tax purposes are subject to Italian  income tax on their worldwide  income.  […]