Tax Alert | 2023 Budget Law

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The 2023 Budget Law, published on December 29, 2022 in the Italian Official Journal, has finally broadened Italy’s taxing power on gains from the sale by non-resident investors of participations in non-resident vehicles whose value derives more than 50%, directly or indirectly, from Italian immovable properties.

Read the Tax Alert edited by Tax and Real Estate Professionals. 

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