Tax in Italy

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.

If you decide to buy a property at an auction in Italy, you have to pay some taxes and expenses. Let's see which ones. As far as the taxes to be paid on the purchase of a property at auction are concerned, they are the same as those levied on a traditional sale and purchase.

The property capital gain (plusvalenza sugli immobili) is the positive difference between the amount received at the time of selling a property and the purchase price or the construction cost of this, increased by the inherent costs.

From property tax changes to short-term rentals, the economic growth decree is a law that has been given the green light by the Italian House of Representatives and contains important measures for the real estate sector in Italy.

How are taxes calculated on rental income in Italy? Let's see what it says in the Italian Budget Law 2019 and the draft law on fiscal simplification, a new amendment to the growth decree. Starting from 2020, the taxation of income from long-term property rental in Italy will change.

As of Thursday 2nd May 2019, it has been possible to send off your income tax returns in Italy.

With the Legge di Bilancio 2019, the Italian government introduced a Flat Tax of 7% for all pensioners who move their residence to Italy. This is a rule that is intended to encourage natural persons who receive a pension from a non-Italian institution to transfer their residence to Italy. The Flat

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 The amount of tax you have to pay on Italian property purchases may depend

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

One of the new rules that has been introduced with the Italian Budget Law 2019 is a measure that provides tax relief to attract pensioners to southern Italy.

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.

Italy wants to attract pensioners and is determined to compete with countries like Portugal and Spain when it comes to retirees moving there.

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.

The Italian government’s 2019 budget has officially approved an extension this year for the restructuring bonus, i.e.

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.

Overall, Italian law requires all homeowners to pay Government and Local Council taxes.

Everybody has their own retirement dream. Some think about picking up an old, forgotten hobby, some want to travel the world or learn something new, and some simply plan to relax.

18th June 2018 is the deadline for the payment of the Italian Municipal Tax (Imposta Municipale or IMU).

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.

What happens if the sale price of a house as indicated in the deed is lower than the agreed price?

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.

The cost of buying a house is more than just your monthly mortgage payments.