TAG Tax

Italy: The New Tax Package for HNWI

The new Italian Budget Law provides for a tax package tailored to attract human capital in order to enhance investments and stimulate growth; put Italy in a competitive position to attract people and organizations; and attract wealth that would have never arrived in Italy.

The new fiscal measure has an important purpose: to approve lower taxes for newly resident individuals in Italy. In particular, the aim is to attract wealthy people (High Net Worth Individuals) in Italy, such as people working in sports, fashion, arts or other high income sectors.

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