ITALIAN AND FOREIGN TAX RETURNS FOR EXPATS

A&P offers support in the coordination and presentation of the Italian and foreign tax return proceeding, where necessary, with the request for credit for taxes paid abroad in order to avoid cases of double taxation.

Our professional tax services

Arletti & Partners tax advisors can provide you with a wide range of tax services dedicated to Corporate and Individual clients that have to comply with the Italian tax system.

Tax Return for Expat

When an individual operates internationally, carries out business activities or holds investments or properties outside Italy, while also being an expatriate working for an international group or engaged in activities outside the territory, it is necessary to act in compliance with both the Italian tax directives and international, including the submission of mandatory tax returns.

Once the specific situation of the client has been carefully analyzed, Studio Arletti & Partners is able to provide support and assistance in the presentation of the tax return both in Italy and abroad, evaluating whether you are subject to the presentation of a tax return as a resident or non-resident.

The expat status often involves the need to fill out additional forms in the Italian declaration, such as: the RW framework for monitoring financial assets and properties held abroad; the EC framework for the recognition of tax credit for income produced abroad in order to avoid cases of double taxation.

How we provide the service

Following a preliminary phone call and after evaluating the specific situation of the customer, our team of tax consultants will prepare a dedicated quote providing all the documents and information necessary to complete the Italian tax return, and possibly the foreign one.

All the services offered are carried out through online platforms in complete safety and in full compliance with the privacy legislation.

Italian Tax Return for Residents

The tax return is the document through which taxpayers communicate the income received to the Italian tax authorities. If an individual (even a non-Italian citizen) has the residence in Italy, it is necessary to consider the application of the “principle of world taxation” and therefore the obligation to declare all income received in any country.

The condition of fiscal residence gives the opportunity to take advantage of greater deductions in determining the tax, but also entails additional obligations.

This may include the compilation of the RW framework, dedicated to the annual monitoring of financial assets and equity investments held abroad by natural persons resident in Italy (Legislative Decree 167/1990 and subsequent amendments), as well as the payment of the related property taxes:

The calculation of property tax on the value of properties abroad (IVIE) is mandatory for tax subjects resident in Italy who hold property rights or other real rights on foreign properties (eg. Land or buildings). The applicable tax rate is 0,76% applied to the value of the property and is reduced to 0,4% in the case of residential properties used as primary residence.

The calculation of the tax on the value of financial products held abroad (IVAFE) is mandatory for tax subjects resident in Italy who hold financial assets abroad as property or other rights (for example current accounts or savings accounts).

The applicable tax rate is 0,2% on the value of financial investments at the end of the year and a fixed tax of € 34,20 applicable on current accounts and deposits.

Italian Tax Return for Non-Residents

According to the provisions of the Italian tax system, the person who holds income from Italian sources, even if fiscally resident abroad, is required to declare them.

Non-resident subjects must submit the PF Income Model in the same version available for subjects resident in Italy and must qualify as non-residents.

Once the specific situation of the client has been assessed, Studio Arletti & Partners will be able to provide you with assistance in compiling and submitting this declaration.

Foreign Tax Credit Recovery

In the event that outright taxes have been paid in countries other than Italy where income was received, it is still possible to deduct the taxes already paid by the Italian ones in the form of a tax credit, within the limits established by art. 165 of the TUIR.

Studio Arletti & Partners provides assistance in the application of bilateral conventions to avoid double taxation and in applying for credit for taxes paid abroad in the tax return through the correct compilation of the EC Framework.

Application of Special Tax Regimes

When filing the tax return, Studio Arletti & Partners offers the opportunity to apply for special tax regimes, such as the relief for expatriate workers by providing services like consultancy on eligibility and application submission.

Foreign Tax Returns

Individuals who produce part of their income in a country other than that of residence, or who transfer their residence to a new country, must assess the need to file a tax return in each of the jurisdictions concerned.

Studio A&P will coordinate the correct determination of income and taxes in each country through the application of bilateral conventions to avoid double taxation.

Thanks to our consolidated partner network, which covers most of the European and non-European territory, we are able to support our customers in submitting tax returns both in Italy and abroad. Furthermore, if our client is already followed by a personal foreign consultant, we offer direct coordination with the existing consultant.

Our Team of Professional Tax Advisors and Consultants

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Languages available: English and Italian.

Please note: a 1h call with our Experts has a fee of €150,00 (all included – Paypal Payment). However, should you decide to receive our assistance for your case, the price will be deducted from our first quotation, meaning the call will cost nothing! 

The fee is not refundable, but you can reschedule the call up to 1 time.

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Arletti & Partners: Credits

A&P Institutional

A&P Provides Services for Italian and International leading Industries Associations.

Your global provider for posting workers in EU
A unique partner for managing all aspects involved in the relocation of HRs: policies, contracts, immigration, relocation, tax for individuals and corporate fulfillments.

ISO 9001

We hold the ISO 9001 TUV certificate.
It is one of the most trustful Seals in Quality Certification and it entrusts A&P Services Quality Level.

Trusted Professionals

A&P has a team of multilingual professionals licensed by the Italian Government and enrolled in the National Tax Advisors Government List and Professional Auditors.

Our Contacts

Corso Cavour, 38 41121 Modena (Mo) Italy

+39 02 30456361

+39 059 8303369

info@arlettipartners.com