Whether you trade through an Italian or foreign broker cant be the issue (?). I mean, there is supposed to be free float of capital within the EU. If I use a German or Italian broker cant make any difference, otherwise the EU-rules are not being applied, as far as I can see. The question must be if it is business or not? If you dont like paying taxes to corrupt governments and bureacrats: move to Croatia which has zero tax on capital gains. Set up a company in a tax paradise and pay yourself a yearly dividend. Easy transport to Italy from Split and Dubrovnik.
when i was in venice, i asked a local about the lack of restrooms everywhere, restaurants, cafes, etc. and he said that if too many people flushed at the same time, the sewage system would explode.
http://www.henleyglobal.com/croatia1.html I spent a lot of time and money on this last year on how to pay acceptable taxes (for me about 20%). I derive 95% of my income from trading. I found out that the best alternatives for me was Norway (where I reside now, not as bas as many thinks, tax free profits from stocks in a corporation, taxed at withdrawals), Latvia and Croatia. Italy was an option, but that seems to be a grey area. I contacted lawyers in both Latvia and Croatia, but I have to spend more time and money to be 100% sure. Obviously, this is a message board and any individual must take their own appropriate steps. A tax haven was/is not an alternative for me as Norway taxes their residents 4 years after they move. Thus I need to have a country with a tax treaty with Norway.
Thx for the link. I personnaly live in Switzerland. Here too it's grey area with capital gains. Officially, capital gains on private wealth aren't taxed, but the frontier between private and business wealth isn't very well defined.
Hi science, You are backpedalling on Swiss taxes. I don't have to remind you about your earlier posts explaining with absolute certainty that capital gain taxes for private traders are effectively illusionary. In fact Switzerland is as grey an area in this as almost any other European country. Lucky you found out about it in time.