23 May 2024

New Changes to the Italian Inbound Workers Regime for 2024

In its latest newsletter, MGI Worldwide member firm MGI Studio Pragma, based in Fano, Italy, details the new amendments to the Italian Inbound Workers Regime for 2024.

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With Legislative Decree No. 209 of 28 December, 2023, the Italian Inbound Workers Regime has undergone another change. The amendments make the regime less favorable by both reducing the exemption and introducing more stringent criteria.

This newsletter explores the new requirements, which are effective for the 2024 tax year onwards, and outlines the key features of the revised regime.

Diferences from previous regime

One of the main differences from the previous regime lies in the stricter subjective criteria. Under the previous regime, any individual who had been a tax resident outside of Italy for at least two fiscal years was eligible.

In contrast, the new regime requires inbound workers to have been tax residents abroad for at least three fiscal years. However, higher thresholds are available if the worker transfers their tax residency to Italy and continues working for the same employer they were employed by while residing abroad.

To learn more about the Italian New Inbound Workers Regime newsletter click here and download the full newsletter.

For any questions, please contact Francesco Bartolucci at [email protected]. Alternatively visit the firm's profile page or website.

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