Real Estate Taxes

The Italian tax system includes real estate taxes on properties, and land owned by natural and non natural persons. The taxation of immovable properties and land takes place at purchase, at possession, and at disposal.

At property, or land, purchase, registrar tax, stamp duty, and mortgage tax fall due by the buyer , and the payment is made directly to the notary at conveyance deed. The standard rate of 9% can be reduced to 2% exclusively for the main residency purchase (unless the property is classed as a luxury home). If the property is sold by a business, it is also possible that VAT applies at reduced rate of 10%, reduced to 4% in case of primary residency.

The registrar tax is not calculated on the transaction value, but rather on the cadastral value applying a multiplier to the cadastral value of the property.

Once you own real estate, you are required to pay the annual property tax calculated on the cadastral value of the property, regardless of its market value. Property tax must be self assessed and paid through the F24 form.

On top of the aforementioned taxes, each property is required to pay the annual waste and disposal tax to the local council which is taking care of the trash collection, recycling and disposal of city waste.

Once the property is sold, capital gains tax apply at 26% rate unless the property is residential and the owner bought it 5 years ago or longer; in that case no tax is due on the sale of the property.

Non-rented property: IMU and IRPEF rules and regulations

The possession of real estate not rented in the same municipality as the main residence determines the obligation to declare an income for IRPEF purposes. The income is equal to 50% of the cadastral income revalued by 5% increased by 1/3. This is in addition to the normal IMU payment. All info in this article. …

Non-rented property: IMU and IRPEF rules and regulations Read More »

Big house in the countryside with decorated garden | main house benefits

Main house: what is it? What benefits?

The main house: what it is and how it differs from the concept of the first home. All the indications for the taxation of the main house and its appurtenances. In this article, we will analyze the tax rules regarding the taxpayer’s primary residence. The possession of a property classified as a principal residence allows …

Main house: what is it? What benefits? Read More »

Real Estate for trade: complete tax guide

Tax and accounting aspects related to the possession of Real Estate for trade owned by companies. IRES taxation, IRAP, VAT and local taxes. Finally, the correct indication in the financial statements. Goods of businesses are the goods for the production or exchange of which the business activity is directed. Companies’ ownership of real estate can …

Real Estate for trade: complete tax guide Read More »

What is the Superbonus and how to benefit from it, even if you don’t pay Italian income tax

It’s recent news the Superbonus 110% has been recently extended to 2023, and this is great if you intend to renovate your home. Superbonus 110% isn’t the only available tax break on house renovations; find out how you can save on your taxes whilst renovating your Italian home. Who can benefit of the Superbonus and …

What is the Superbonus and how to benefit from it, even if you don’t pay Italian income tax Read More »

Comprare immobili all’estero: la guida completa per residenti in Italia

Dove comprare immobili all’estero Quali sono le località più convenienti per comprare immobili all’estero? Gestire un immobile acquistato all’estero come privato in Italia conviene o è meglio aprire una società? Comprare casa all’estero, per gli italiani, è una delle azioni più appetibili prese in considerazione per risparmiare sulle aliquote molto alte qui in Italia. I …

Comprare immobili all’estero: la guida completa per residenti in Italia Read More »

Italian mortage | Clock and money scale

WHAT TO EXPECT WITH AN ITALIAN MORTGAGE?

Italian Morgage: everything you need to know If there’s any product worth investing in, it’s real estate. You don’t have to be Italian to apply for a mortgage on an Italian property though rules became more strict in the wake of the 2008 Financial Crisis. ​More recent changes have made it so that those, even non-residents, who wish …

WHAT TO EXPECT WITH AN ITALIAN MORTGAGE? Read More »

Superbonus 110% | Restore your house for free in Italy | tax break in Italy | Ecobonus | Sismabonus | energy efficiency improvements | seismic improvements

SUPERBONUS – HOW TO RENOVATE YOUR HOME FOR FREE

The Superbonus is a recent tax break introduced by the recent Decreto Rilancio increasing the tax credit percentage to 110% for qualifying expenditure paid between July 1st 2020 to December 31st 2021. The following expenditure qualifies: Energy efficiency improvements Structural seismic improvements Solar panels Electric car charging stations Double glazed windows The Superbonus, substitutes the Ecobonus and the Sismabonus. Check out now how …

SUPERBONUS – HOW TO RENOVATE YOUR HOME FOR FREE Read More »

Picture

SUPERBONUS 110%: COME RISTRUTTURARE CASA GRATUITAMENTE

Il Superbonus è un’agevolazione prevista dal Decreto Rilancio che eleva al 110% la detrazione delle spese sostenute dal 1 luglio 2020 al 31 dicembre 2021, per specifici interventi in ambito di: Efficienza energetica Interventi antisismici Installazione di impianti fotovoltaici o delle infrastrutture per la ricarica di veicoli elettrici negli edifici. In pratica il Superbonus, sostituisce e integra l’Ecobonus e il Sismabonus. Scopri subito …

SUPERBONUS 110%: COME RISTRUTTURARE CASA GRATUITAMENTE Read More »

Scroll to Top