Inheritance tax in Italy

Inheritance tax in Italy Under Italian Law, inheritance tax is due over the wealth transfer following to the death of the deceased relative.     The assets and rights transferred constitute the so-called estate (attivo ereditario), while the debts of the deceased constitute the liabilities of the estate (passive ereditario). Inheritance tax applies to the difference […]

The danger of claims of property

In the case of a preliminary contract for a property purchase, the promissory buyer may suspend payment of the price when he has reason to fear that the property may be claimed by third parties, unless the seller has provided for an appropriate guarantee. This principle is established by Article 1481 of the Italian Civil […]

Heirs do not pay tax penalties

According to the Italian Supreme Court, the tax penalties resulting from the violation of tax rules are of an afflictive nature and, therefore, are not inherited by the heirs. In particular, the deceased owner of a plot of land did not consider it to be qualified as building land, despite the fact that it was […]

Airbnb: judgement of Regional Administrative Court of Lazio

The dispute between the famous Airbnb portal and the Italian Revenue Agency has come to an end with the defeat of the first. In fact, the Lazio Regional Administrative Court rejected Airbnb’s appeal. The quarrel concerns the application of the provision of the Revenue Agency on the tax regime for short leases introduced by Decree-Law […]

Alimony and Tax Return

Alimony is an economic emolument, consisting of a sum of money paid to the weaker spouse (financially weaker) or in the form of financial support for children. Generally speaking, the amount is generally determined by the court, so it is natural to ask whether the alimony should be indicated in the tax return or not.To […]