Share with your friends

Italy: New tax law measures affecting individuals

Italy: New tax law measures affecting individuals

The Budget Law 2018 includes measures that may affect the taxation of high net-worth individuals, including:


Related content

  • Measures that change the tax treatment of capital gains and dividends from certain shareholdings, whether the individuals are residents of Italy or non-residents
  • An extended deadline for electing the optional step-up regime for land and shares 
  • A tax amnesty program for cross-border workers and for individuals who previously were residents abroad
  • A new definition for “permanent establishment” (PE) to include an agency PE if a person acting on behalf of a non-resident entity, concludes contracts for that entity
  • Amendments to the rules for the taxation of income from investments in companies located in countries with preferential tax regimes (“tax havens”)
  • New measures for the registration tax applicable for deeds 
  • A new due date of 31 October, for filing individual income tax returns
  • A provision to treat the income from online “peer-to-peer lending” as capital income
  • Capital gains treatment for performance-linked bonus payments in shares


Read a February 2018 report [PDF 196 KB] prepared by the KPMG member firm in Italy

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal