The
Studio Romizi
Some
examples of our restoration
Frequently
Asked Questions:
- How much for annual taxes
have to paid for a property
in Italy
by a non resident?
TAXES IN ITALY
If a foreign citizen buys a property in Italy and doesn't have any income here, he will just pay annual taxes referring to the bought goods.
At the moment is a very low value per year.
If the purchased property has a ratable value up to 183.00 euro it is not necessary to make an income-tax return, nor to pay a tax on the property; the only tax that has to be paid is the ICI local tax, it will be maximum 7/1000 of the value; this value for the ICI tax the calculated on the ratable value by 105. Up to 183 euro the annual tax are 23% of it and the ICI local tax was calculated as written above.
We always suggest to have a professional account in Italy to take care of such a matter, not expensive, but complex and changing time by time.
The Romizi Studio usually refers to a business consultant that is an expert in tax subjects.
The above calculation should then be read as an approximate estimation that just have the purpose of informing that property taxes in Italy have not a big impact.
Rev. 01/2005
By
Studio Romizi
To stay in the area link to apt. for rent
STUDIO TECNICO ROMIZI
via Garibaldi 5/C 06068 Tavernelle (Perugia)
tel. 075
833316 fax (+39) 075 8355549
To reach the studio: www.romizi.com/studiomaps.html
Some examples of our restoration www.romizi.com/studioes.html
Work in progress www.romizi.com/wipstudio.html