Income Tax

Italian exit tax

Italian Exit Tax: Understanding the Rules and Considerations

Overview of Italian Exit Tax Italy has specific rules and regulations in place regarding exit taxes, which are applicable to individuals and companies planning to leave the country. Exit taxes are levied on the transfer of assets and capital when moving abroad, and they aim to prevent tax avoidance and preserve the country’s tax base. …

Italian Exit Tax: Understanding the Rules and Considerations Read More »

Italian tax brackets – 2022 update

Almost every country in the world has an income tax which taxpayers have to pay on income they generate throughout the year. In Italy, such tax, is called IRPEF “Imposta sul Reddito delle Persone Fisiche”. As the name suggests, IRPEF is levied on income generated by natural persons (individuals), as opposed to Corporate Tax “IRES” …

Italian tax brackets – 2022 update Read More »

Regime Forfetario – 2023 update

Several European (and non European) countries have a small business tax regime, which provides certain simplifications as well as reduced taxation to businesses within a certain threshold. Since 2015, Italy has introduced the Regime Forfetario, which has been amended various times throughout its life span. The 2023 budget law has introduced new rules for individuals in …

Regime Forfetario – 2023 update Read More »

Newspaper and bills -Capital Gains Tax in Italy

Capital Gains Tax in Italy

In this article we will cover what a capital gain is, what counts as one, what the tax exemptions are and how capital gains apply to Italian residents as well as how they apply to non-residents. What a Capital Gain Is In the Italian tax system there are six categories of income: employment income, business …

Capital Gains Tax in Italy Read More »

Dividends received by non-residents; how dividend taxation works in Italy

When an Italian resident company distributes dividends to non-resident natural or non natural person, it must take into account the correct tax treatment related to the distribution. The first issue to arise is the application of exit withholding taxes and its potential exemption cases. These cases are much more common today and, if not handled …

Dividends received by non-residents; how dividend taxation works in Italy Read More »

Scroll to Top