Tax Treatment of Foreign Trusts for Italian Residents
Clarifications from the Italian Revenue Agency regarding the tax qualification of foreign trusts for Italian residents.
Clarification from the Revenue Agency on the taxation of capital gains from the sale of foreign currencies
In accordance with Resolution No. 60/E of December 9, 2024, the Italian Revenue Agency provides clarifications regardind the taxation of capital gains from the sale of foreign currencies.
Italy-Monaco Tax Conflict Resolved Through Multilateral Agreement Based on the OECD Convention
In accordance with the Judgement No. 698 of October 1 2024, the Second-Level Tax Court of Liguria has resolved Italy-Monaco Tax Conflict through a multilateral agreeement based on OECD Convention by recognising the fiscal residence of the appellant in Monaco thanks to international criteria of residence.
Clarification of the tax treatment of scholarships for children of employees
The Italian Revenue Agency clarifies the tax treatment of scholarships paid by employers to the children of their employees.
Taxation of foreign pension fund settlement received by Italian resident heir
The Italian Revenue Agency replies to a taxpayer’s question on the taxation of a settlement of a foreign pension fund in Italy.
The Italian Court of Cassation rules on failure to declare financial activities held abroad
The recent ruling no. 28077/5 of the Court of Cassation has established that the failure to declare foreign financial activities constitutes a substantial offense.
New Tax Residency Criteria for Individuals
The new Circular No. 20/E of November 4, 2024, clarifies the determination of tax residency for individuals.
Crypto-assets: Clarifications on RW Form and Stamp Duty
The Italian Revenue Agency clarifies the tax treatment of cryptocurrencies and the application of the tax on the value of crypto-assets.
Tax treatment of emoluments received as a Seconded National Expert
Through its Ruling n. 99/2024, the Italian Revenue Agency provides clarifications regarding the emoluments received as a Seconded National Expert.