New preferential tax regime to wealthy individuals who take up residence in Italy

Article 1 paragraph 152 of Law no. 232 of December 11, 2016 provides for a privileged fiscal regime for wealthy individuals becoming Italian tax residents. Such benefit is comparable to those regimes provided in other Countries for the so-called “residents non domiciled” and allows individuals who become Italian tax resident to opt for a flat yearly tax of Euro 100.000 on income from sources outside.

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New preferential tax regime_EN