On June 27, 2019 a bill called decreto crescita, (growth decree) passed in the Senate and became legislation in Italy. The purpose was to reinvigorate the stuttering Italian economy; but it could also have major impact on the ability of…
Read more
Easier tax regime for retirees, the Italian novelty Italy wants to attract retirees and is determined to compete with countries like Portugal and Spain. The government grants, starting from 2019, fiscal advantages for individuals establishing their residence in Italy, but…
Read more
Facilitations or reductions not only for the main house News of the stability law of 2016: exemption of the IMU and TASI The new Stability Law of October 2015 introduces the abolition of IMU and TASI on the main house, provided…
Read more
The criteria for determining the tax residence of natural persons in Italy They are dictated by Article 2 of the D.P.R. 917/1986 (“TUIR”), which states that for the purposes of income tax, are considered to be residents of the State…
Read more
Buy an auction house in Italy with or without bank loan Real estate auctions are a good opportunity to buy quality property at affordable prices, stipulating, if necessary, even a special mortgage. Real estate auction: how does it work In…
Read more
Increase in industrial production in June. According to Istat, the Italian State Statistics Institute, the seasonally adjusted index rose 1.1% from May, adjusted for calendar effects. In June 2017, the index increased in trend terms by 5.3% (working days are…
Read more
Foreign investment in Italy, latest trends There are several factors that could have a positive effect on the attractiveness of Italy, but the necessary reforms must be carried out. Italy is becoming less and less attractive to foreign investors. The…
Read more
Non-fulfillment of obligations of a party leads to resolution of contract in Italy Termination of Contract for Non-Performance This is the case where the contract, at the request or initiative of the performing party, is resolved because of the non-performance…
Read more
The economic climate is conducive to business in Italy Fourth consecutive increase in the corporate confidence index in Italy, which rose in April by more than two points (107.4) and reached the highest level since October 2007. There has been…
Read more
A new flat-rate tax: EUR 100 000 and you have finished with the Italian IRS (fisc) The Italian government has created a flat tax to invite the wealthy foreigners to set up residence in Italy. It may be extended…
Read more