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Any advice on EU Taxes (Italy)

Discussion forum for expats moving to or living in Italy.

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Any advice on EU Taxes (Italy)

Post Posted: Sun Dec 25, 2005 12:02 am

Hi every one,

I would like any advice on taxes in the European Union and specifically in Italy.

I have few unclear questions and if you can help on any then this will be appreciated:

1- If you bought a house in Italy and got the residential permit “Certificato Residenza”, then when start to transfer some funds to Italy later on(which you have already paid taxes on it in the uk), do the Italian tax you on it in Italy as income?
2- Would the Italian think of your residential house in the UK as residential or as a second home, ie would they apply a capital tax on it when you transfer the money to Italy?
3- If you decided to go back home to the UK after many years(ie sold the house in Italy), would the UK tax you on the money which you have already paid taxes on it in the uk?

Regards

 

newexpat
Regular Poster
Regular Poster
 
 
  
Re: Any advice on EU Taxes (Italy)

Post Posted: Tue Dec 27, 2005 5:02 am

Hi Merry Christmas and happy new Year

here's Ugo, by www.lifeinitaly.it , in reply to your question as :

1- If you bought a house in Italy and got the residential permit “Certificato Residenza”, then when start to transfer some funds to Italy later on(which you have already paid taxes on it in the uk), do the Italian tax you on it in Italy as income?


have a reciprocity in all EU country , any tax to transer fund to italy and go back to GB - More info about residence and Permit of Stay in Italy + buy as first home , on my web-site , click on >> Buy in Italy


2- Would the Italian think of your residential house in the UK as residential or as a second home, ie would they apply a capital tax on it when you transfer the money to Italy?

NOT
3- If you decided to go back home to the UK after many years(ie sold the house in Italy), would the UK tax you on the money which you have already paid taxes on it in the uk?

For Italia laws NOT , for GB laws in do not Believe

Ugo

have a good Holidays in Italy


_________________

The Italian Real estate mortgage specialist

www.lifeinitaly.it

 

Lifeinitaly
Newbie
Newbie
 
 
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