Pierpaolo Vannucci, from Italy-based member firm MGI Vannucci & Associati, publishes new article explaining the Taxation of Foreign Dividends in Italy
MGI Worldwide accounting network member, Pierpaolo Vannucci, partner at MGI Vannucci & Associati, based in Lucca, Italy, has published another article providing valuable information for the foreign investor in Italy.
October issue of Tuscany’s Grapevine Magazine features a new article signed by Pierpaolo where he analyses and explains the taxation of foreign dividends, according to:
Foreign dividends received by individuals residing in Italy
Refers to dividends received by natural persons (outside the earnings of an individual business). From a fiscal point of view, these are considered as capital income.
Foreign dividends received by companies in Italy
Applies to individuals operating as an enterprise in Italy, as well as to companies operating in Italy, and represents business income (rather than capital income).