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Author Topic: New 7% flat rate tax  (Read 874 times)

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Offline GeordieBorn

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New 7% flat rate tax
« on: July 21, 2019, 10:29:43 PM »
Came across this LINK on another forum, it may be of interest to some here...


Offline levissima

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Re: New 7% flat rate tax
« Reply #1 on: July 22, 2019, 12:39:53 AM »
Thanks for that, could be useful, especially as I?m hearing thar IVA is going up to 25%😱

Offline levissima

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Re: New 7% flat rate tax
« Reply #2 on: July 30, 2019, 03:27:30 PM »
I spoke with my commercialista today and he knew about this new tax but said he thinks it is only applied to new residents and is awaiting clarification whether it can be applied to people who are already resident. 🤞

Offline Relaxed

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Re: New 7% flat rate tax
« Reply #3 on: July 30, 2019, 08:05:28 PM »
The link which Geordie supplied does make it clear that it is only for newcomers (an applicant mustn't have been known to the agenzia delle entrate at any point in the last five years), and it only applies if you move into a comune with less then 20,000 inhabitants. What isn't entirely clear is what sort of pension income qualifies for this 7% rate (state pensions will, for sure, but private or non-state occupational pensions probably not). It also doesn't say for how long this low rate will apply!

It's clearly designed to encourage retirees to help boost the number of residents in somewhat depopulated areas.