Newsletter | Tax 02/01/2024


The Legislative Decree on International Taxation of 27 December 2023 replaces the old beneficial tax regime for inpatriate workers with the 'New Inpatriate Tax Regime' from the 2024 tax period, reducing scope and benefits. Applicable to various income types, the New Regime offers a 50% exemption for Italian-sourced employment, quasi-employment, and self-employment income up to EUR 600,000 per annum for 5 tax periods, with a possible 3-tax period extension.

 Chiomenti Professionals analyzed the changes in non-Italian tax residence requirements, duration, exempted income, covered types, and specialization criteria for workers compared to the old regime and the new.