The tax rules on buying a home in Italy are fairly detailed, and anyone about to buy would do well to know them. Those buying a residential home to use as their own residence for the first time are at an advantage, thanks to the possibility of dedicated tax conditions. The requirements to obtain the benefits are as follows: the property being bought must not fall into the luxury categories (A/1,...
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In Italy, a building amnesty ("condono edilizio") and a building regularisation ("sanatoria edilizia") are not the same thing, even though the terms are often used loosely and interchangeably. A building amnesty ("condono") refers to temporary legislation that allows unauthorised building works completed by a certain date to be legalised, by regularising them on payment of a fine. An amnesty therefore...
In matters of inheritance, it's essential that the heirs file the Succession Declaration ("dichiarazione di successione") with the Revenue Agency within one year of the death (the opening of the succession). This declaration has a purely tax function, but it becomes the key document through which the transfer of rights and obligations from the deceased to the heir — including ownership — is later...
Italy's Building Code lists — on a non-exhaustive basis — the building works that can be carried out without prior or subsequent notification to the public administration, provided they respect the anti-seismic, safety, health-and-hygiene, hydrogeological and fire-prevention rules that must be observed under building legislation. These works are broadly grouped into the following categories:...
Setting up a patrimonial fund ("fondo patrimoniale") can be worthwhile in property matters when you want to protect your assets from possible debts, the risk of seizure or creditors' claims — for example in the event of separation or divorce, or to protect a minor's assets. The patrimonial fund is a legal instrument through which assets, such as a property, are transferred into a patrimony separate from...
In November 2016, with the entry into force of Legislative Decree 222, Italy's Building Code underwent a substantial change regarding building titles. Following the reform, building activity is regulated as follows: Free works; Works subject to a certified notice of commencement (CILA); Works subject to a building permit; Works subject to a certified declaration of commencement (SCIA); Use...