Global

Details

  • Service: Tax, Global Mobility Services
  • Type: Regulatory update, Survey report
  • Date: 2/26/2014

Special considerations for short-term assignments 

Taxation of international executives
Residency rules
Payroll considerations
Taxable income
Additional considerations


For the purposes of this publication, a short-term assignment is defined as an assignment that lasts for less than one year.


Residency rules

Are there special residency considerations for short-term assignments?


There are no special residency rules for short-term assignments.


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Payroll considerations

Are there special payroll considerations for short-term assignments?


There are no special payroll considerations for short-term assignments.


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Taxable income

What income will be taxed during short-term assignments?


Any income related to the Italian working days will be taxed if the exemption provided by the double taxation treaty cannot be applied.


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Additional considerations

Are there any additional considerations that should be considered before initiating a short-term assignment in Italy?


Considering the worldwide taxation principle applicable for tax resident individual, a short-term assignment should be well structured in order to avoid the Italian taxation on any foreign income.



© 2014 KPMG S.p.A., an Italian corporation and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.

 

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 Italy – Topics

Taxation of international executives