Real Estate

Italian property owners could save up to 50% on rental property taxes

line article - Italian property owners could save up to 50% on rental property taxes

After years of discussion, it seems Italian property investors might finally see the flat property income tax reform pass in 2011. The Italian government is currently reviewing the details of the so-called “cedolare secca” (lump sum dividend) bill which would give private owners the opportunity to apply a flat tax rate to their rental income. In particular, initially …

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