Alimony and Tax Return

Alimony and Tax Return

Alimony is an economic emolument, consisting of a sum of money paid to the weaker spouse (financially weaker) or in the form of financial support for children. Generally speaking, the amount is generally determined by the court, so it is natural to ask whether the alimony should be indicated in the tax return or not.To […]

How much are taxes for a property purchase in Italy?

Sometimes the seller is not subject to tax when selling his property. This happens when the operation does not generate a capital gain, meaning that the value he gets for the sale of the property is not higher than what he had paid when buying it. In other words, when the seller doesn’t make a […]

The inheritance declaration: the new Italian model

The Italian Revenue Agency (Agenzia delle Entrate) has update both cadastral backlog and inheritance declaration forms. The Italian Parliament, by introducing new incentives for a certain type of properties, made the updates essential. In particular, new incentives for condemned buildings and the third sector. The first incentive involves all those condemned buildings because of natural […]

Italian real estate taxes related to purchase

If you are a foreign citizen willing to invest in real estate in Italy, you shall have a clear overview of the Italian real estate taxation. In fact, the Italian real estate tax regime for properties can be a bit confusing. This is a short summary of the main taxes to budget. First of all, […]

Real estate taxes under Italian Law

If you are planning to buy or have already bought a property in Italy, you shall have a good overview of the real estate taxes related to the maintenance of the property, in force under Italian Law. In Italy real estate taxes represent a large part of costs related to buying and maintaining a property […]