HI everybody, I'd be very greatful

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09/25/2017 - 09:10

HI everybody, I'd be very greatful for any advce on paying taxes in Italy. I am full time resident here, but all my income is generated in UK. When I have approached commercialista here they have told me simply not to declare anything but I want/need to. I have two children here and own a property so it is simply not acceptable that I appear to have 'no income'. Could any help me in terms of reccommending commercialista or even what the correct avenue of declaration might be with the agencia dell entrate.... My income involves a salary and dividends from a company but as I said, all UK based/generated...

Comment

no nothing, but i was under the assumption that as a resident, i need to report my income if it is over 5 or 7k regardless of where it is earned.... then if double taxation kicks in it would be considered....  in theory income would include any income I had from dividends derived from UK companies... I suppose in the same way I imagine people who retire to Italy in reality probably have to report their pensions in some??

Yes, as a resident and a house owner you are bound to complete and submit a tax return, with the relevant sections completed.  You need to find a commercialista who understand the cross border thing.  Under the double taxation agreement your salary should be taken care of, but I have more doubt about your dividends which could qualify for tax.   You need a commercialista.