In latest newsletter, MGI Studio Pragma explains taxation of foreign funds in Italy
Over the years, Italy has implemented several favourable tax regimes aimed at attracting foreign individuals, or at attracting back individuals that are currently resident abroad but were previously Italian residents or citizens.
In the second of a series of newsletters, MGI Studio Pragma, based in Fano and Rome, share details of relevant tax regimes in Italy, which may be of benefit to you and your clients.
As the importance of investment funds has grown throughout the years, given their ability to raise relevant amount of money and invest it, the features of the taxation of their return have been modified several times during last years with the aim of rendering investments in Italy more attractive from a tax perspective.
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