Wednesday, November 28, 2012

Why we are now in regola!


This blog has morphed into something much more profound than I ever intended and the subject of taxation has become one of its biggest topics, with no intention whatsoever.  However, I am acutely aware that the opinions expressed on this blog are my own, aside from the basic facts.  

It came to me that maybe I am not the best person to express this information and that my clients and people I meet would be better communicators of the dangers, opportunities and pitfalls to be aware of from an Italian resident/tax position.   I therefore asked a few of these people I know to write about their financial experiences of living in Italy. 

My first article is by a lady and her husband in Umbria, who were happy to share their experiences of the Guardia di Finanza, how they got caught,  and a little more.......

Residency in Italy

Residency is one of those topics which is regularly used to try to determine where an individual may or may not be located for tax purposes.  The fact of the matter is that it is actually a matter of fact and not a choice.

Here are the facts as determined by Section 2 of the Italian Income Tax Code:

Friday, November 9, 2012

Setting a business up in Italy.

Over the last few months I have been contacted by a number of people operating businesses in Italy in varying capacities.  In a few of these cases it has been common place that the individuals concerned have set up and are operating their company in another lower tax jurisdiction within Europe, namely Ireland or the UK.

Monday, November 5, 2012

It's time to save some tax in Italy!


With all the talk of the last 6 months about which extra taxes we need to pay in Italy and the different assets that are now taxed, both home and abroad, I thought it was about time that we started to fight back.