The Italian Budget Law 2017 (Law no. 232 of 11 December 2016) was extended until 31 December 2017, the opportunity to take advantage of the income tax deduction (50%) for building renovations, confirming the maximum of EUR 96,000 spending limit per housing unit. From 1st January 2018 the deduction will be back (I would say...Read More

As from 1st January 2017 non-Italian resident individuals that transfer their tax residency in Italy can benefit from a flat-tax regime on their non-Italian source income. Flat tax regime is a substitutive tax of € 100.000 for each year of validity of the option (in lieu of ordinary Italian income taxation). In order to apply...Read More

Italian Real estate market is a big investment opportunity in this period for different reasons: Location: Italy , with its real estate stock and with its beautiful areas is now and will ever be an international target. Residential market reached the sales peak in the year 2006 with 869.000 transactions, but international crisis depressed sales to...Read More