Special tax regime for inpatriates, New italian « Res non dom » regime for HNWIs, ICT (Intra-corporate transfer) visa
Special tax regime for inpatriates
The Budget Law approved by the Italian Government for 2017 (Law n.232/2016) has improved the special tax regime introduced in 2016 (Decree 147/2015, art 16) and applicable to qualifying taxpayers to benefit from a new special tax regime for “inpatriates” (i.e certain individuals transferring to Italy for working reasons) and offering a beneficial tax treatment to Italian source employment or self-employment income.
New italian « Res non dom » regime for HNWIs
The Budget Law approved by the Italian Government for 2017 (Law n.232/2016) has implemented a special tax regime addressed to high net worth individuals (HNWIs), similar to the UK non-domiciled Resident individuals (Res Non Dom), and the swiss forfeit regime, to encourage them to move their residence from abroad to Italy by granting them a preferential direct and indirect tax treatment.
ICT (Intra-corporate transfer) visa
Legislative Decree n.253/2016 has officially entered into force on January 11th to implement the EU directive 2014/66/UE. It is providing for simplified procedures for the entry of the non-EU high specialized workers (directors and managers) and trainees employed by a parent company or a company belonging to the same group sent to Italy under intercompany secondment schemes.
Budget Law approved by the Italian Government (loi n°232/2016)