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Italy gives a nod to the foreign rich. Fee from 100 thousand euro per year to those who move residence

Comes the flat tax for new foreign residents to high heritage. It is aimed at those who wish to transfer their fiscal residence in Italy benefitting from a a substitute tax on income earned abroad. The option, introduced with the budget Law 2017, provides for the payment of a tax lump sum of 100 thousand...

Tax authorities: in the year 2016, over 450 thousand lawsuits pending for 32 billion euros

At the end of 2016 are over 450 thousand lawsuits pending for 32 billion with the irs in the sections of provincial and regional courts for tax purposes. And the government is studying the possibility to reduce their number by introducing a similar rule to that of the “scrap folder”. Tax authorities:...