This episode focuses on Italy’s impatriate regime, which is designed to attract foreign professionals with generous tax reductions. Tytle’s tax expert explains how this program offers a 50-60% reduction on taxable income for up to five years. The discussion includes eligibility criteria, such as the requirement to not have been an Italian tax resident in the three preceding years.
The episode also explores the regime’s limitations, including a cap on exempt income and how social security contributions are handled. Practical advice is provided on applying for the regime and maintaining compliance. For expats considering relocation, the impatriate regime is highlighted as a key financial incentive for working and living in Italy.
Want to know more? Go to www.tytle.io
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