Frequently Asked Question #83:
Q: What property taxes are payable in Italy - and how can I reduce them?
A: For properties that don't generate an income, there are two yearly property taxes in Italy: one is called ICI (pronounced 'itchy' - Imposta Communale sugli Immobili), the other is a local tax (whose name varies from region to region) that covers locally-supplied services such as refuse collection and street cleaning.
We have a comprehensive 'Tax and Legal' factsheet that addresses annual property taxes, property purchase taxes, and other related issues - including the taxation of legacies/gifts and capital gains. Please contact us to request a copy.
See also our online guide to Inheritance Tax, explaining why Italy is the best European country in which to buy real estate.
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