Skip to main content

Questions tagged [italy]

The tag has no usage guidance.

0 votes
1 answer
81 views

UK - Best way to receive payment in Italy

I will receive a one-off payment of roughly EUR4000 for work to be carried out in Italy. What is the best way to receive this money and have it transferred to a UK bank account? Should I have the ...
lux's user avatar
  • 97
1 vote
1 answer
90 views

What does being reported to the CRS entail?

I moved a few years ago from Italy to the UK. Recently, my Italian bank has sent me an email saying that they were going to report me to the CRS. Do I have to worry about it? What does that change for ...
bracco23's user avatar
  • 547
0 votes
1 answer
182 views

Can I also use my US capital losses in Italy?

I’m a United States (US) citizen and a US resident and have been both my whole life. I have (1) US source capital loss carryover from previous years and (2) US source unrealized capital losses. Let’s ...
ma11hew28's user avatar
  • 507
3 votes
1 answer
239 views

UK resident selling a house in Italy

I purchased a house in Italy for €250,000 in 2014. At the time, I was a student in the UK, and I didn't officially transfer my residency to the UK. I now (2023) work and live in the UK (and I've been ...
Blue Moon's user avatar
  • 227
2 votes
0 answers
65 views

Do I need to pay tax in Italy if I'm inheritating in France?

I am inheriting 100k€ in my home country, France. The account is a french one. However, I am currently residing in Italy (I got an italian ID card, work, pay my taxes and live there 99% of the year). ...
Qise's user avatar
  • 121
0 votes
0 answers
93 views

Convenience of Italian tax-advantaged retirement account

In Italy, as in many other countries, we have specific tax benefits for contributing to certain financial instruments geared towards retirement. We can contribute up to 5,000€/year and subtract that ...
John's user avatar
  • 101
5 votes
1 answer
1k views

What are the Italian equivalents of 401K, Roth IRA and Savings account?

I am Italian and I consume a lot of internet content about saving and investing (that's why I am here too!). I often hear or read about: 401K Maxing out your 401K (and meeting your employer's match) ...
Lorenzo's user avatar
  • 255
7 votes
1 answer
2k views

How much mortgage is too much?

I'm buying a house and decided against renting out a place because I feel like it's almost a waste of money, and, most importantly, the rent of a small 40 m^2 apartment in the middle of nowhere is the ...
Yeeter's user avatar
  • 73
8 votes
1 answer
1k views

How much duty will I have to pay importing 72 bottles of wine from Italy to UK

Since leaving the EU the UK now has to pay a customs and excise fee on goods imported into the UK. Every year my family purchase wine from a vineyard in Italy. This year we will have to pay the UK ...
A Paul Savage's user avatar
1 vote
1 answer
189 views

Do I have to pay Italian income tax if working remotely for a Japanese company as a non-resident?

I will start remote work for a Japanese company from Italy. I am non-Japanese nationality residing outside of Japan. Am I subject to the flat non-resident tax of 20.42%? The company said I will start ...
azra's user avatar
  • 11
1 vote
1 answer
136 views

About to inherit assets located in Italy as a UK resident. Any tax liabilities, and if so, where?

I live, work, and pay my taxes in the UK. Sadly, my mother recently died. I am about to inherit some of her assets, which are all located in Italy, where she lived. I'll be inheriting a 25% share of ...
user avatar
5 votes
2 answers
1k views

Short selling banned in Italy for 3 months. Am I affected with my Short ETF investments?

I'm from Italy and I've "invested" in the following short ETF: BOOST FTSE MIB 3X SHORT DAILY ISIN: IE00B873CW36 Ticker: 3ITS.MI WisdomTree Info Sheet Used to be called Boost, now they're ...
Roberto Fugazza's user avatar
48 votes
12 answers
15k views

What are the pros and cons of a credit card for a European?

I have a bank account, with some savings. Enough to cover every expense I could have to face without delay. I also have a debit card, which I use for my offline payments, a Paypal account for most of ...
bracco23's user avatar
  • 547
1 vote
0 answers
456 views

Money Transfer with invalid IBAN

i made transfer with missing 1 number in IBAN so its invalid but the money never back into my account. In fact when my bank made correspondence, it is said that the money in credited to individual and ...
Stefanie's user avatar
1 vote
1 answer
130 views

Investing and saving advice in Italy during first employment

I'm a 23 years old programmer working full time in Milan since September 2019. I'm currently not paying for rent and utilities and I'm managing to save 1200€ net a month (I have no debts). This money ...
Livia's user avatar
  • 13

15 30 50 per page