However, according to article 2 of Legislative Decree 346 of 1990, only if the donor is an Italian resident or if the donated goods are located in the territory of Italy, the donation can be subject to taxation.
A recent decision of the Italian Revenue Agency has established that, in the case of a donation of money made through a bank transfer from a foreigner country, the donated sum cannot be considered as a good located in the Italian territory at the moment of the donation. Therefore the donation is not subject to taxation in Italy.
Giulia Proietti
Civil Law Notary
Ph.D. in Business Law and Economics, US and Italian Attorney at Law; specialized in Commercial law, Real Estate, Trusts, Social Entrepreneurship, Non-Profit Organisations, and Benefit Corporation.
Has been counselling and assisting internationally start-ups and corporations for the last five years in Italy and in the US.
She is also the founder and President of Equoevento, the first organisation fighting food waste at events.
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