Italy (nearly) enacts new Digital Nomad Work Visa

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 […]

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 […]