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New residents of Italy are subject to a more favourable tax treatment on income taxes, providing they were not a tax resident of Italy in the past 24 months. [4] Any taxpayer is entitled to a 70 percent exemption on the employment or self-employment income received for the first five years of tax residency to Italy; the exemption is increased ...
6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
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Italy in 2019 introduced a 3% levy on revenue from internet transactions for digital companies with annual sales of at least 750 million euros ($809 million) if at least 5.5 million are made in ...
Italy's government plans to hike taxes on short-term rentals by people letting out more than one flat, a draft of the 2024 budget seen by Reuters showed on Saturday. The move comes in the wake of ...
Italy is asking Google to pay 1 billion euros ($1.07 billion) in unpaid taxes and penalties, three sources with direct knowledge of the matter said on Friday, seven years after the U.S. company ...
While it is possible to calculate one's tax code, the only official tax code is the one provided by the tax office, which avoids cases of identical tax codes (which is a frequent case for people not born in Italy, as in this case the 4-characters town code in the codice fiscale is replaced by "Z" followed by a 3-digit country code) as well as ...
ROME (Reuters) -Italy's government approved a measure on Wednesday that doubles to 200,000 euros ($218,220) per year a "flat tax" applied on income earned abroad by wealthy individuals who ...