SahwaItaly to raise tax on super-rich foreigners by 50pc in blow to wealthy non-doms
TheWonderfoolIt is still comically low… From 200k to 300k per year, regardless of whatever income they have, in the hope that coming to Italy they will “trickle down” their wealth (we know well how ridiculous that statement is).
The worst part is that it was made by a centre-right government masquerading as centre-left…
iagomagoJust to be clear, this government isn’t trying in any way to masquerade itself as centre-left. FdI is right wing through and through, it demonizes the left all the time and treats insignificant changes such as this one or occupational rate (obtained through Draconian revision of national contracts) as “real work for the people”, not “like the elitist left”. They are populist, that’s what they are.
Sorry, I was not clear. The government that made the first law (100k “flat tax” for rich people moving to Italy) was the PD (theoretically centre-left) guided by Renzi (that I would consider 100% centre-right politician, hence what I meant)…
I am completely agree that FdI is far-right, hell many members of the government are big fans of Mussolini and the fascist party…
Dampyr 🇺🇦 🇵🇸theoretically centre-left
That theoretically is doing heavy lifting there. At least economically and in the last decade
(╯°□°）╯︵ ┻━┻
Is that a percentage of income still? I probably wouldn’t have to pay that much if I ran off to Italy, right? It’s about triple my yearly gross salary…
It is basically a ceiling to how much you can pay in taxes.
A foreigner moving to Italy can either
- enter the normal taxation regime, and pay according to all (domestic and foreign) incomes they have;
- decide to pay 200.000€ a year + 25.000€ per family member, no questions asked on foreign income (for up to 15 years).