ITALY SPECIAL TAX REGIME: important information for foreign citizens moving to Italy

Published by Liuzzi e Liuzzi International law firm in Italian Law · Saturday 20 Jul 2019 · 1:30
Tags: itaky, special, tax, regime, flat, tax, italy, relocation, to, italy, impatriate, tax, regime, italy

LIUZZI e LIUZZI

International Law & Tax Firm

Italy- Spain

ITALY SPECIAL TAX REGIME- FLAT TAX

This optional tax regime introduced by Italy's Budget Law 2017 establishes that new residents can substitute regular taxation on their entire income generated outside Italian territory by paying only EUR 100.000 (one hundred thousand euros) once a year lup sum.

Furthermore family members can also be covered by the scheme by paying additional EUR 25.000 (25 thousand euros) for each dependant.

This very special regime also applies to inheritance tax for assets located in Italy and for what it concerns transfers of foreign assets from abroad which are untaxed.

A really interesting opportunity for International expats, for investors, for sport professional players, for International families moving to Italy.

This status is compatible for investors but it is also compatible with employment and professional activities carried out in Italy.

For complete consulting and legal assistance in Italy (or in Spain as Liuzzi e Liuzzi International law & tax firm also provides legal & tax assistance in the spanish territory) click here.

To know what our legal fees are for an appointment with our English speaking lawyers contact us.

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