Article 24-bis of the Italian tax code (Tuir) allows individuals with large estates (so-called High Net Worth Individuals) who transfer their residence to Italy, to access the flat tax regime of 100,000 Euro, with an exemption from the tax monitoring obligations (FormRW) and from payment of IVIE / IVAFE (estate taxes on…

Italy has been a country aimed at attracting talents in various sectors and special tax regimes are available to individuals, representing a strong motivation for moving to our Country: impatriate workers: allows 70% tax reduction (or 90% for those moving to the South of Italy) for the benefit of employees…

Whether they are considered investments or means of payment, cryptocurrencies are increasingly attracting the attention of stakeholders. In brief, cryptocurrencies are under the spotlight. These assets do not yet have a tax framework in Italy, although the Italian Tax Authority already provided some clarifications regarding direct and indirect taxation in…

The social security position in Italy for inbound employees is becoming more important for multinational companies. In fact, the presence of a Totalization Agreement with Italy may risult in keeping the contribution of the employee in the country of origin, with an obligation for the foreign company to pay social…

Italian employees hired by foreign companies with a local contract must carefully evaluate the social security obligations which vary according to the country where the employee is hired. In such circumstances, a distinction must be made between: EU countries, countries adopting EU legislation via specific agreements with the European Union…

Inpatriates who transferred their tax residency in Italy as of January 1, 2020 need to prove their Employer by the end of December 2020 that they are entitled to 70% exemption applicable to the employment income produced in Italy by inbound workers who were not resident in Italy during the two years prior to the transfer in…