HI
the information you have got is indeed correct. YOu must pay tax in Italy for everything you are earning if you are a resident. You can risk not doing that for other assets etc you have abroad but whether or not they catch you depends on your situation.
May I ask if you will be working there in a company as an employee? Otherwise you might have trouble with your residency as they will expect you to provide evidence that you can support yourself. And this evidence will be kept on the records also for tax purposes.
You cannot buy a car there unless you are a resident. You can however rent one... although I would not recommend it.
Quote:
Originally Posted by erd
Hello everyone :-)
I am from a Non-EU country, planning to live in whether Italy or France beginning next year, but that probably will be Italy.
I own a house and car here. Will keep the house, sell the car, planning to rent a flat in Italy (probably Sicily region) but the are 2 main questions arising important, will be pleased if you can help.
Planning to buy a 2nd hand Gallardo or brand-new Nissan GT-R, both around EUR 85,000.
For buying a car in Italy, I think I have to be a permanent resident. Am I right? (not sure about about that)
When I qualify for a parmanent resident, then I have to pay taxes, which I don't want. The reason is simple: I have some websites which I earn advertising income. That has nothing to do with Italy. It's not even freelance, cause I will not even trade anything with Italian.
On tax advice websites, it says when you become a resident, you have to pay taxes from all your incomes (international). How can this be? If I earn $200,000 a year, will I give almost 40% of this income to Italian government?
Thanks in advance
|