Italy – Favorable tax regime for highly qualified workers and academics

May 06, 2019

 

Highly qualified workers, researchers and professors relocating to Italy in the tax year 2020 can benefit from significant tax reductions (further reduction of taxable base from 50% to 70% meaning that only 30% of the income earned will be subject to taxation in Italy) and from longer periods of favourable tax regime (up to 13 years under certain conditions).

On April 30 the Italian Government published the so-called “Growth Decree” (Decreto Crescita) with the aim to boost Italy economic growth (Law Decree No. 34). The legislative measures go from corporate tax reductions to tax incentives for stopping the country’s brain drain and attracting highly qualified human capital.

 

 

This post was written by Content Manager
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