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. Not only that, because it is not even the country in which property taxes are the highest.
The new bill from the Italian political parties M5S and Lega, the so-called "simplifications package" or "pacchetto semplificazioni", has been given the green light by the House of Representatives and will now go to the Senate.
Buying a house at auction can be a great chance to buy a new home cheaply, even if there are sometimes hidden pitfalls. Let's look at the pros and cons of buying property at auction and how mortgages work for this type of property transaction.
There are four basic property taxes that you have to pay when you buy a house in Italy: Land Registry tax (imposta ipotecaria) Cadastral tax (imposta catastale) Stamp Duty (imposta di registro) VAT and other expenses
With its recent judgement 6882/2019, the Sezioni unite della Cassazione (Joint Session of the Court of Cassation in Italy) stated that is was lawful for a landlord to place a clause in an Italian lease agreement stating that the taxes and duties relating to the rented property should be borne by the
The Italian waste tax called tassa sui rifiuti or TARI is a municipal charge on the cost of disposal of solid waste and refuse. If you own or have a property in Italy that is likely to produce trash, you are required to pay the tax.
The 2019 Budget Law in Italy extended the flat rate tax scheme (known as ‘Cedolare secca’ or ‘Dry coupon’) to include commercial real estate and warehouses as of 1st January 2019.
What’s the cost of buying a house in Italy for your son or daughter? If you decide to buy a property and put it at the use of your child, you can enjoy some tax benefits and save money. Let's find out more.
Cost of registering your child’s house
To avoid headaches in the future, it’s essential for a homeowner to choose carefully who they rent their apartment to and how they manage compliance with the rental contract.
The deadline for paying the second instalment of the Imu and Tasi property taxes in Italy is fast approaching, with the date being set for 17th December 2018. The first ones who will have to make these payments are the owners of luxury houses and second homes.
