home | places index | accommodation | art | beach guide | events | food | geography
history | itineraries | living here | map | nature | news | resources | slide show
useful info | wine | site index | postcards | newsletter
 

marche voyager Moving to Le Marche | Money matters

back up

buying a home

restoring property

paperwork

What follows is a brief introduction to property and income taxes and other money matters in Italy. It is by no means exhaustive - Italian tax matters are rarely straighforward and it is worth every penny of the usually modest fees to use the services of a local commercialista, or accountant. And be warned that the Italian love for sigle, or abbreviations, is given free rein when it comes to taxes.

If you are neither resident nor working here, you need only bother yourself with property taxes on any buildings that you own. Each comune, or town council, levies I.C.I. (imposta comunale sugli immobili) that is a modest tax on property based on size and type of property and charged to owners. Your local comune also raises a separate, but low tax to pay for refuse disposal called T.A.R.S.U. (tassa per lo smaltimento di rifiuti solidi urbani).

If you wish to work here things get somewhat more complex and a commercialista becomes essential. And remember, even if you work for and are paid by companies abroad, if you are resident in Italy you are usually liable to pay tax here.

Italian income tax,  I.R.P.E.F., and national pension and health payments, paid to an authority called I.N.P.S., are the two principal fiscal burdens you will have to get to grips with. If you are self-employed or have your own company you will also have to get involved with I.V.A. (Italian value added sales tax); the threshold for IVA mean that virtually anyone who is self-employed has to charge IVA on sales or services. At the risk of sounding repetitive, don't try any of this without a commercialista.

When it comes to banking, keep in mind that local bank managers in most banks have a high degree of autonomy and you can often negotiate interest rates on loans and even bank charges on transactions.

-->next


top

©le-marche.com

SmllrgnMarche Voyager is backed by the
Marche Region Tourism Department

 

health