Up-front tax savings upon the purchase of a property in Italy
Requirements
These tax savings apply to anyone (Italian national or foreigner) who buys a “Prima Casa” in Italy.
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.
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.
So you know where you want to buy property in Italy and what the average house price is there, but what about the continuing cost of maintaining the place?
Original article written by Alessandro Gallucci at condominioweb
What is a cadastral category? What is it for? How many cadastral categories are there?
The study centre Unimpresa has compiled a ranking of the most "charged" cities in Italy according to the level of taxes levied on homes, commercial properties, companies and families.
Original article written by houzz
A house is up to date with the land registry when both the cadastral plans and the description of the property in the database of the Agenzia del Territorio (one of the four tax agencies in Italy, responsible for land and property registry) are true and match
The imposta di registro, something akin to a registration fee in English, is an indirect tax which is applied to transfers of wealth assets such as the purchase of a property, which must be registered in writing and the same as the value given in the property deeds.