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.
A tourist tax, often referred to as a city tax, is a small fee levied by municipalities on visitors staying in paid accommodation. Far from being an arbitrary charge, the tourist tax in Italy serves as a tool to manage the impacts of a high volume of travellers.
Italy has long been a dream destination for individuals seeking a blend of culture, cuisine, and scenic beauty. Beyond its lifestyle appeal, Italy offers a range of tax incentives for foreign buyers, making it an increasingly attractive location for international property investors.
Unwelcome news for tourists planning to visit major Italian cities this summer of 2024, as tourist tax is on the rise. Padua, Brescia, Rome, and Naples have chosen to raise their tourist tax rates to address issues related to tourism.
Retiring in Italy can be a dream for many people, thanks to its rich history, culture, stunning landscapes, delicious cuisine, and a relaxed lifestyle. However, like any international move, there are several factors to consider when planning to retire in Italy.
Moving to Italy from the UK can be an exciting and life-changing decision, offering a wealth of cultural experiences, stunning landscapes, and delicious cuisine. However, it's essential to be well-prepared and informed about the process to ensure a smooth transition.
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.
The Meloni government is working on the 2023 tax reform in Italy, the draft of which should be ready between the end of February and the beginning of March.
Have you fallen in love with Italy, its architecture, its lifestyle and its people? If you are thinking of buying a property in Italy, you must take into account the purchase taxes among the costs to be borne, keeping in mind that the property price isn't the only thing you have to pay.
Italy's well known Superbonus 110% is changing again under the new Meloni government. According to the latest news, Italy's new Prime Minister is considering a rate reduction and a possible extension of the deadline.
The Budget Law 2022 implemented a long-awaited tax reform in Italy. The 2022 IRPEF rates and brackets have been revised and the calculation methods have changed. Important changes have also been introduced with regard to the deductions per income category.
When we talk about the donation of real estate, we are referring to the contract whereby a person, the donor, transfers in a spirit of liberality and free of charge their property or other rights to another person, the donee.
Donation, what the Civil Code says How does the donatio
Italy is home to several schemes that benefit taxpayers, and one of the most recent ones is Italy's air conditioning bonus 2021. This bonus can be taken advantage of even without renovation work, as clarified by the Italian Tax Agency.
As well its devastating effect on populations across the world, the COVID-19 pandemic has also taken its toll on Europe's economies, with many countries seeing widespread business closures, skyrocketing unemployment and rising debt.
Italy is one of the countries that has been worst
With sentence 5294/2020, the Provincial Tax Commission in Rome has established that in the case of abusive possession of a property, IMU (Municipal Property Tax) is to be paid by those illegally occupying the property and not by the owner.
According to the Provincial Tax Commission in Ro
The rental of real estate to university students represents an opportunity for both residential property owners and students, who have a typically practical approach to the rental market: they consult the Internet and evaluate the most convenient offers.
The government's business plan to deal with the economic consequences of the coronavirus is taking shape. First and foremost, the budget for the emergency situation has been increased to 25 billion euros.