2/23/2024 0 Comments A flat tax![]() Individuals who opt for the flat tax regime are considered to be resident in Italy also for double tax treaty purposes, unless the relevant treaty provides otherwise and the CFC rules do not apply to payers of the flat tax. on qualified capital gains if realised within 5 years. ![]() ![]() High-net-worth individuals (HNWIs) moving their residence to Italy are enabled to apply a flat tax to their foreign income, amounting to € 100,000 for each fiscal year, in lieu of the Italian Income Tax.įor example, under this tax regime, the flat tax could substitute the ordinary income tax on foreign investments (foreign interests, dividends, capital gains) with the exception of capital gains on qualified participation earned in the first five years of application of the tax regime.Ĭonsequently, individuals opting for the flat tax will be taxed in Italy only: Flat tax for High-Net-Worth Individuals Income tax benefits
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