Italy as a Destination for U.S. and UK Taxpayers: Mitigating Double Tax, Residency Paths, Lineage Citizenship Changes

Individuals from the U.S. and the UK contemplating a move to Italy should consider the tax and immigration consequences in both countries. The U.S. and the UK have double tax treaties with Italy to mitigate double taxation for eligible taxpayers. The definition of residence is key to determining whether an individual is subject to tax in Italy. 

An individual is considered an Italian resident for tax purposes if, for the greater part of the fiscal year (i.e. for more than 183 days) taking into account even fractions of days if: (1) the individual is physically present on Italian territory, (2) the individual has a "residence" in Italy (habitual abode), or (3) the individual has a "domicile" in Italy (principal centre of social interests, e.g. the family). If one of these conditions is met, the individual qualifies as a tax resident for Italian tax purposes. Where an individual is an Italian tax resident, they can avail themselves of one of several advantageous taxation regimes, ranging from a lump sum to favorable tax rates.  

In addition, an individual can obtain the right to reside in Italy through various means, such as citizenship in Italy or another EU member state, investment, or as a digital nomad.

Listen as our panel of international tax and immigration attorneys explains tax considerations of U.S. and UK residents considering moving to Italy.

I. U.S. tax basics

II. UK tax basics

III. Italian Immigration and citizenship basics

IV. Italian tax basics

V. Case studies (background, motives, strategies):

A. American moving to Italy

B. American expatriating and moving to Italy

C. UK non-dom moving to Italy

D. UK dom moving to Italy

The panel will cover these and other critical issues:

• Recent changes to Italian lineage citizenship rules
• Strategies to mitigate double taxation
• Paths to obtain citizenship or the right to reside in Italy
• Case studies including U.S. and UK non-doms and doms moving to Italy

Learning Objectives

After completing this course, you will be able to:

• Identify recent changes to Italy's lineage citizenship requirements
• Determine how U.S. expatriation tax impacts citizens considering relocating to Italy
• Decide how residency is determined in Italy
• Ascertain strategies to mitigate taxes when relocating to Italy

• Field of Study: Taxes
• Level of Knowledge: Intermediate
• Advance Preparation: None
• Teaching Method: Seminar/Lecture
• Delivery Method: Group-Internet (via computer)
• Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
• Prerequisite:

  Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of international taxation including residency determination, foreign entity classifications, application of treaty benefits, as well as GILTI, Subpart F, and the related Section 250 deductions.

  
  

Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

Strafford is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).