Italy introduced a new flat tax regime in order to attract High Net Worth Individuals (HNWI). The regime consists of a flat tax charge of € 100,000 per tax year in respect of every foreign sourced income.
But is it really just for the super rich?
Read the article and find it out yourself.
After moving back to Italy from the United States in 2013, I realized how much an accounting and tax firm was needed to help expats living in Italy to comply with the local tax regulations.