ITALY: Increase of Flat Tax on Foreign-Sourced Income

The Italian Government has proposed raising the flat tax on foreign-sourced income for new residents from €200,000 to €300,000 under the draft 2026 Budget Law. The change, part of the 2026–2028 budget plan, would apply from 2026, while individuals who became tax residents before 1 January 2026 would remain under the existing regime.

Continue reading