It will be taxed as a dividend. Income from abroad has to be declared, otherwise it will be taxed in the country where the money is coming from. To avoid this automatic taxation, you have to present a double taxation form, which has to be signed by your tax authority... Well tried...
thanks atorchio, but unfortunately i can´t speak or read italian. are there any full time traders on finanzaonline who trade with foreign brokers? if yes what do they say about this tax issues? can any italian confirm or correct the following statement: is it true that when you file for a tax return in the beginning the italian irs only checks if it is filed out correctly and after aprox. one year you get a confirmation. the italian irs can still change your tax return 6 or 7 seven years after filing. the italian irs only audits the tax returns after the principle of contingency. only 2% percent of all tax returns get audited. if the above is true then i think it is pretty safe to move to italy if you only want to stay for a few years. you pay your 12,5% in taxes, get a confirmation from the italian irs. your chance to get audited if you stay one year would be 2% , if you stay 2 years the chance would climb to 4% and so on. and if you would get audited and they try to classify you as a commercial business(45% tax) you still could fight them in court. thanks for your answers regards ck9
What does the Italian irs specifically say about futures? Could 100+ trades a day still pass as capital gains for a private trader trading his own account? Would this be taxed at 7.5% or 12.5%? How would you declare all this? Would love to set up in Italy!
Ciao, I might be able to help you: I've got some office spaces that will be up for rent very soon in Roncade (Treviso)-Venezia. Some of those are hybrids and can be converted into flats. They are located above arched terraces that form the "piazza", right in centro Roncade: location is very picturesque and still preserves its historic architecture. 30 kilometers from Venice and 200 form Milan; near mountains and sea. You can go ski to Le Dolomiti in 2hours drive. And you're half an hour away from the beaches of Lido di Venezia.