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Italian Tax on Super-Rich Foreigners is Doubled

Italian Tax on Super-Rich Foreigners is Doubled

by Phil Hall | Aug 7, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Amid complaints that wealthy expatriates taking up tax residency have caused real estate prices to soar, the Italian government has doubled the flat tax on the foreign income of new residents to €200,000 (roughly $218,000). The Financial Times reported Prime Minister...

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