I saw some great news regarding the proposed withdrawal of the 20% withhholding tax on income remitted from abroad into Italy. The law which could have been reintroduced again in July 2014.
My name is Gareth Horsfall and I am the Manager of the Spectrum IFA Group in Italy. This blog is an extension of the services we provide for English speakers who live and/or work permanently in Italy. It is intended to be a ongoing guide on tax and financial matters. If you are interested in any of the content you can contact me on gareth.horsfall@spectrum-ifa.com or call me on +39 333 6492356 for further information. I am here to help!
Thursday, April 24, 2014
Wednesday, April 16, 2014
Super Mario (Draghi's) game of risk
Mario Draghi's speech: He is finally talking about quantitative easing (QE) in Europe? How might it affect Italy?
Tuesday, April 15, 2014
UK Pension Changes - Budget 2014
The following summary of the UK Pension Budget changes, spring 2014 has been put together by The Spectrum IFA Group to assist you in understanding how the latest UK government changes to pension legislation may affect you.
Saturday, April 12, 2014
20% witholding tax on overseas transfer into Italy - UPDATE
I
would like to bring up the subject of the 20% witholding tax on profit from
investment, for Italian residents. This piece of legislation
that Italy was going to introduce in February and has now postponed until July 2014.
This seemed to be one of the main causes for concern amongst attendees at the
recent Tour de Finance Forum events in Italy and so I thought I would write the
little that I know of it to assist in preparation for its, possible, return.
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