A massively transformed system for the taxation of income on rented properties has been given the green light in Italy, and looks likely to be in place for early 2011. Documents have not yet been released, and early discussion was based on two new proposed rates (according to type of rental contract) of 20 and [...]
CONTINUE READING Italy and buying property
Nomisma, a respected Italian research institute based in Bologna, have recently published their second ‘rapporto 2010 sul mercato immobiliare’, an overview report on the state of the Italian property and Real Estate market. The link to the PDF is here, but the document is in Italian only. The first page has some summing-up bullet points, [...]
CONTINUE READING Italy and buying property