Most home sales in Italy are free of capital gains tax, but in some cases a tax bill does apply. Here’s a breakdown to help you understand when and how taxes affect property sales. When Are Taxes Due? Capital gains tax on property sales in Italy applies only if: The property is sold within five years of purchase. It has not been your main home (where you or your family lived) for most of...
Taxes
If you own a home in Italy, you will pay two local taxes every year: IMU, the municipal property tax, and TARI, the waste collection tax. You may still see a third, TASI, in older guides. It no longer exists: TASI was merged into IMU from 1 January 2020. This guide explains who pays what, how IMU is worked out with a realistic example, and when payments are due. IMU (Imposta Municipale Unica): the...
Unlocking Italian Dreams: Your Tax Guide Awaits!