Legal Issues
A ten-year tax reduction for non-EU entrepreneur and investors ready to move to Italy to invest and work
Good news for non-EU entrepreneurs and investors willing to move their fiscal residence to Italy: that’s in the Growth Act (Art. 5, D.L. n. 34/2019 - Misure urgenti di crescita economica e per la risoluzione di specifiche situazioni di crisi) issued by the Italian Government on 30 April 2019, [...]
How to invest in an Italian corporation
According to the recent innovation of Italian immigration law, one of the way to obtain an “investor visa” is to invest a sum of either 500,000.00 or 1,000,000.00 euro, respectively, in an Italian startup or in an ordinary corporation. There are two ways to realise this investment: either by [...]
Hotels and agritourism businesses: tax credit for the redevelopment of accommodation facilities
Article 19 of the simplification decree provides that for tax periods after 2018 the tax credit granted to hotels and agritourism businesses for building renovation, eliminating architectural barriers, increasing energy efficiency, earthquake-proofing and the purchase of furniture and large electrical appliances aimed at furnishing is recognized provided that at [...]
Italian Succession Law. What to know before moving to Italy.
Foreigners that are thinking about moving their residence to Italy might be interested in knowing more about Italian succession law. Indeed, according to EU Regulation n. 650/2012, the law of Succession is not determined by the nationality of the deceased but rather taking into consideration the country of [...]
Condo hotels: New opportunities for tourists and entrepreneurs
New investment opportunities in the tourism sector are opening up in Italy: since March 21st, condo hotels will become part of the Italian tourism offering. On this date, in fact, the decree regulating this new segment of the sector will enter into force. Such a development will not only [...]
The tax residence of individuals according to a recent case-law of the Italian Supreme Court.
By Massimo Pellecchia and Edoardo Alessandrini With reference to the assessment of tax residence for income tax purposes, the Italian Supreme Court held that the criterion of the permanent home required by the Article 4 of the Tax Convention between Italy and the Russian Federation is also fulfilled when [...]