126
March 11, 2023
According to recent statistics, Italy has one of the highest income tax rates in Europe, with the top bracket taxed at 43%. However, for those who are deterred by the high tax rates, there is an option to consider. Italy has implemented a 7% tax regime for select towns in Southern Italy, specifically municipalities with populations under 20,000 in regions such as Sicily, Calabria, Sardinia, Campania, Basilicata, Abruzzo, Molise, and Puglia. In particular, Carovigno, in Puglia, has been highlight...