Payments on account for small businesses

The Italian Tax Agency has recently published (in Resolution no. 93/E of November 12, 2019) clarification on the remodeling of payments on account for taxpayers small businesses subject to the new rules and taxpayers on the lump sum flat tax regime (regime forfettaria)  following the […]

ISA (Summary Reliability Indices) – What are they?

With the establishment of the “Indici sintetici di affidabilità” – ISA’s or Summary Reliability Indices, the Italian Tax Agency aims to “facilitate the compliance of tax obligations and encourage the spontaneous emergence of taxable income.” These indices form part of a wider initiative for Italian […]

The Double Whammy

What is the double whammy in Italian tax? The “double whammy” is what hits new businesses in the second year after start-up. No tax in your first year You pay no tax in your first year of operations but the tax due for that first […]

Working in Italy for a U.S. Company

If you are in Italy and thinking of working for an employer or client in the U.S. the tax and social security ramifications can be complex. If you’re resident in Italy and hired as an employee of a U.S. corporation, then the U.S. company will […]

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