INTERNATIONAL TAX FOCUS – 1/2024

Ciccioriccio-Associati-PDF-Tax-Alert

1.Increase of the Italian estate taxes on foreign assets Law no. 213 of 30 December 2023 (Budget Law for 2024) provided for an increase in estate tax rates on foreign properties. In particular, as of 2024, IVIE’s rate increases from the previous 0.76% to 1.06%; IVAFE’s rate increases from the … Read more