The Italian Government has adopted the Decree n. 113/2024 (entered into force on August 10th, 2024), increasing the HNWIs’ annual flat tax from Eur 100.000 to Eur 200.000. The Decree includes a grandfathering clause under which the above increase will be applicable only to those that move their habitual residency to Italy after the Decree enters into force; for those who already joined this tax regime, nothing shall change. Furthermore the Law doesn’t modify any of the other features of the previous regulation, as thequalifying family members are still able to join due to the annual payment of a €25,000 flat tax per person.
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The purchase of prestigious properties represents a safe and profitable long-term investment. This type of property presents very peculiar characteristics that make it particularly recognizable; among the various, the uniqueness of the property shines clearly in terms of location, historical-artistic value, enviroment, architectural character/personality and - latest trend - energy efficiency. The attention to [...]
Short-term rentals are confirmed as a formidable weapon for making income from properties purchased as an investment. But the tax authorities are tightening their shirts to intercept the owners of second homes and transactions, so as not to lose this important piece of revenue. Meanwhile, with a Verdict issued at [...]
Italy can request withholding taxes on short-term rentals. This was stated by the EU Court which (partially) agreed with the Italian State deeming the law on short-term rentals introduced in 2017 to be legitimate. The European Court of Justice has declared that the Italy can request information and data on the leases made [...]
The short-term rental regime was introduced into our legal system with Legislative Decree no. 50 of 24 April 2017, in article 4. This is a particular form of tax regime dedicated to the rental of residential properties for a period not exceeding 30 days. The tax regime for short-term rentals applies [...]
