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Substitutive tax of EUR 200,000 covering any income sourced outside Italy to be paid yearly (up to 15 years). |
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Availability to all individuals - including Italian citizens - transferring their tax residence to Italy if have been non Italian tax residents for income tax purposes for 9 out 10 years preceding their relocation to Italy |
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Validity for 15 years. |
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No reporting obligations in relation to foreign income and assets. |
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No Italian inheritance and gift tax on foreign-situs assets |
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Possibility of extension to family members by paying EUR 25,000 for each family member. |
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Preventive ruling request to the Italian tax authorities to obtain official confirmation on the eligibility requirement |
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Applicability of Double Taxation Treaties with 100+ countries. |
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Tax residence certificate available. |
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