Tax in Italy

Italy has long been a dream destination for individuals seeking a blend of culture, cuisine, and scenic beauty. Beyond its lifestyle appeal, Italy offers a range of tax incentives for foreign buyers, making it an increasingly attractive location for international property investors.

Unwelcome news for tourists planning to visit major Italian cities this summer of 2024, as tourist tax is on the rise. Padua, Brescia, Rome, and Naples have chosen to raise their tourist tax rates to address issues related to tourism.

Retiring in Italy can be a dream for many people, thanks to its rich history, culture, stunning landscapes, delicious cuisine, and a relaxed lifestyle. However, like any international move, there are several factors to consider when planning to retire in Italy.

Moving to Italy from the UK can be an exciting and life-changing decision, offering a wealth of cultural experiences, stunning landscapes, and delicious cuisine. However, it's essential to be well-prepared and informed about the process to ensure a smooth transition.

Italy's 2023 Budget Law has changed the way IMU rates are published and made effective, which until now were considered tacitly confirmed from year to year. With the new rules, this will no longer be the case, which is causing concern in Italian municipalities.

IMU is an acronym for "Imposta Municipale Unica" in Italian, which translates to "Single Municipal Tax." and corresponds to Municipal Property Tax.

The Meloni government is working on the 2023 tax reform in Italy, the draft of which should be ready between the end of February and the beginning of March.

Have you fallen in love with Italy, its architecture, its lifestyle and its people? If you are thinking of buying a property in Italy, you must take into account the purchase taxes among the costs to be borne, keeping in mind that the property price isn't the only thing you have to pay.

Italy's well known Superbonus 110% is changing again under the new Meloni government. According to the latest news, Italy's new Prime Minister is considering a rate reduction and a possible extension of the deadline.

Giorgia Meloni is officially the new Prime Minister of Italy. But who is Meloni in Italy?

The Budget Law 2022 implemented a long-awaited tax reform in Italy. The 2022 IRPEF rates and brackets have been revised and the calculation methods have changed. Important changes have also been introduced with regard to the deductions per income category.

When we talk about the donation of real estate, we are referring to the contract whereby a person, the donor, transfers in a spirit of liberality and free of charge their property or other rights to another person, the donee.    Donation, what the Civil Code says How does the donatio

On 16 December, owners of first luxury homes and second homes in Italy will be asked to pay the balance of the 2021 IMU tax.

Italy is home to several schemes that benefit taxpayers, and one of the most recent ones is Italy's air conditioning bonus 2021. This bonus can be taken advantage of even without renovation work, as clarified by the Italian Tax Agency.

If you're selling property in Italy, it's important to keep in mind the extra costs and expenses you will have to face, including tax on selling property in Italy.

As well its devastating effect on populations across the world, the COVID-19 pandemic has also taken its toll on Europe's economies, with many countries seeing widespread business closures, skyrocketing unemployment and rising debt.  Italy is one of the countries that has been worst

With sentence 5294/2020, the Provincial Tax Commission in Rome has established that in the case of abusive possession of a property, IMU (Municipal Property Tax) is to be paid by those illegally occupying the property and not by the owner.  According to the Provincial Tax Commission in Ro

After conversion to the Senate, Italy's relaunch decree is now law.

The rental of real estate to university students represents an opportunity for both residential property owners and students, who have a typically practical approach to the rental market: they consult the Internet and evaluate the most convenient offers.

The government's business plan to deal with the economic consequences of the coronavirus is taking shape. First and foremost, the budget for the emergency situation has been increased to 25 billion euros.

A problem shared is a problem halved according to the old saying. Italy is not the only European country in which property taxes have an impact on the economy of families.

If you decide to buy a property at an auction in Italy, you have to pay some taxes and expenses. Let's see which ones. As far as the taxes to be paid on the purchase of a property at auction are concerned, they are the same as those levied on a traditional sale and purchase.

The property capital gain (plusvalenza sugli immobili) is the positive difference between the amount received at the time of selling a property and the purchase price or the construction cost of this, increased by the inherent costs.

From property tax changes to short-term rentals, the economic growth decree is a law that has been given the green light by the Italian House of Representatives and contains important measures for the real estate sector in Italy.

How are taxes calculated on rental income in Italy? Let's see what it says in the Italian Budget Law 2019 and the draft law on fiscal simplification, a new amendment to the growth decree. Starting from 2020, the taxation of income from long-term property rental in Italy will change.