New favorable tax regime for impatriates

Commenti disabilitati su New favorable tax regime for impatriates 138

October 10, 2015

The Legislative Decree n. 147/2015 introduced a new favorable tax regime applicable to impatriate employees, granting a 30% exemption of the employment income received by those individuals who fulfill a combination of residency, job position and specialization requirements.

The operational guidelines will be released by an implementing Decree to be published within 90 days as of the enforcement date of the new provision (October 7, 2015); such Decree, among other targets, will aim at coordinating the new tax benefit with the tax exemption related to the workers repatriation, in force until December 31, 2015.

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Studio Tributario Associato is a professional association among Lawyers and Chartered Accountants which provides highly-specialized consultancy services addressed to individuals as well as to national and multinational companies, by developing business projects tailored to the needs of each individual client. The relationships with the international network facilitate the acquisition of information necessary to access the complex global context and the foreign regulations. The now consolidated relationships with the appropriate Italian Authorities represent an important added value which allows the Firm to discuss on the subjects covered by its professional activities with a view to a mutual collaboration. The core value of the Firm is the sharing of skills and expertise gained from years of professional experience for the clients' benefit . This synergic process of sharing helps to create a climate of trust, essential to realize those business projects that are more responsive to client needs, in order to offer a "tailored" service.

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