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. Part of Italy's most recent tax reforms, this is what will happen from now on and how the procedure for approving and publishing municipal IMU rates will be changed.
According to Law 296/2006, municipal IMU rates in Italy are intended to be extended from year to year in the absence of a different resolution by the deadline. The new Budget Law, however, states that municipalities that want to diversify the rates must refer to special prospectuses approved by ministerial decree.
However, the prospectus for 2023 has not yet been approved by the ministry, so a resolution of municipal rates according to the new rules will not be possible if such a resolution does not take place in time. In this case, reference will have to be made to the rates valid for 2022.
In fact, paragraph 169 of Law 296/2006 provides that in the absence of a resolution, the last validly approved rates will be applied; however, in the future, if the new rates set by the ministerial prospectus are not adjusted, the basic municipal tax rates will have to be applied, with possible negative repercussions on municipal budgets.
The cheapest supermarkets in Italy: a guide for expats and visitors
If you’re living in Italy or just visiting, grocery shopping can quickly eat into your budget — especially if you’re unfamiliar with the local supermarket scene. Luckily, Altroconsumo, Italy’s leading consumer organisation, has analysed 1,150 stores across 67 cities, from supermarkets and hypermarkets to discount chains. They looked at 1.6 million prices across 125 product categories, including food, household, and pet care items. The result? A clear ranking of where to get the most for
How to open a bank account in Italy: a guide for foreigners
If you’re planning to buy property in Italy, whether a charming villa in Tuscany or an apartment in Milan, having an Italian bank account is essential. It simplifies transactions, allows you to pay taxes and bills, and makes managing your real estate investment much easier. Here’s a step-by-step guide for foreigners on how to open a bank account in Italy.
Tax breaks in Sicily: a new opportunity for foreigners looking to relocate
Sicily has long captivated those dreaming of a life in the Mediterranean. With its stunning coastline, historic towns, exceptional food and wine, and a pace of life that balances tradition with modern comforts, the island already ranks high among lifestyle destinations in Italy. Now, a new measure by the Italian Government could make relocating here even more appealing: special tax incentives for individuals and businesses that move to Sicily.
Real estate investments in Italy: opportunities from the EU’s new energy standards
As climate change and the need for sustainable practices take centre stage, the European Union’s revision of the Energy Performance of Buildings Directive (EPBD) marks a pivotal regulatory moment. For those considering property investment in Italy, these new rules could shape both market trends and long-term returns.
Motorway toll changes in Italy: what foreign drivers should know in 2025
If you're driving in Italy this summer, you might have heard rumours about an increase in motorway tolls from August 2025. The good news? Those proposed price hikes have been withdrawn – but there are still some important updates you should be aware of, especially if you're planning road trips or regularly use Italy’s toll roads (autostrade).
Portofino tops Italy’s luxury seaside property market at over €15,000/m²
The Mediterranean has long been synonymous with luxury, beauty and lifestyle – and its property market reflects just that. With crystal-clear waters, stunning coastal landscapes and historic charm, the region continues to attract affluent buyers looking for the ultimate home or holiday retreat.
The most expensive cities in Italy 2025
Inflation in Italy continues to affect household spending, and a new analysis reveals a significant shift in the cities where the cost of living has risen most sharply. A ranking compiled by the National Consumers Union (Unione Nazionale Consumatori), using Istat data from July 2025, shows the impact of price and tariff increases on family budgets across the country. The most expensive cities in Italy for 2025 may come as a surprise.