No tax obligations on those renouncing inheritance
Italian Supreme Court Rules No Inheritance Tax on those Renouncing Inheritance The Court of Cassation (Italian Supreme Court) affirmed, with the recent ordinance no. 21006 of 22 July 2021, that tax obligations do not apply to those renouncing inheritance, even for heirs in succession by law or those who made a declaration of succession. According […]
Inheritance Taxes Pursuant to Italian Tax Law
Who Pays Inheritance Taxes in Italy? The primary consideration of Italian tax law is registered residence (1). If the deceased was a resident of Italy, citizen or not, the heirs will have to pay succession taxes to the Italian state. Citizenship does not matter. Even if the deceased was a foreign citizen, but had residency […]