Not an expert
Submitted by Fillide on Wed, 09/22/2010 - 19:57
In reply to A newbie all over again! by Annec
If you have inherited from your mother, you, and any siblings, have (as far as I understand) each of you an exemption of 1 million Euro. That (though I will happily be corrected by someone more expert) should exempt you from any liability to Italian taxation (on an inheritance of €50,000).
Submitted by Charlotte Oliver on Thu, 09/30/2010 - 08:38
In reply to A newbie all over again! by Annec
Yes I agree with the first
Submitted by Charlotte Oliver on Wed, 09/29/2010 - 05:19
In reply to A newbie all over again! by Annec
Yes I agree with the first reply, there is no inheritance tax for property passed to children under the threshold of 1 million Euro. If inheritance tax was payable it would be calculated on the catastal value. There will be small property charges imposed which should be less than 500 Euro in total.
Many thanks
Submitted by alexcal on Wed, 09/29/2010 - 10:04
In reply to A newbie all over again! by Annec
Latest property in Italy
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