📚 Taxes when purchasing real estate in Italy

Friends! Our union is wonderful! As always, Alexey Azarov is with you and today we will look at issues related to taxes when purchasing real estate in Italy!
#real estatevitaly #taxvitaly #immigrationvitaly

"First House"
Taxes you must pay when buying with incentive
"first house"
are:
if the seller is an individual or a company that sells without VAT
proportional registration tax of 2% (instead of 9% as "second home")
Fixed mortgage tax of 50 euros.
fixed cadastral tax 50 euros
if you buy from a company, sales are subject to VAT
VAT reduced to 4%
fixed registration tax 200 euros
Fixed mortgage tax of 200 euros.
fixed cadastral tax 200 euros

"Second house"
If the seller is a company, then as a general rule the supply is exempt from VAT. Thus, in this case the buyer will have to pay:
registration tax is proportional to 9%
flat mortgage tax of 50 euros
fixed cadastral tax of 50 euros.

WHEN IS VAT PAID ON SALES?
Sales of buildings for residential use by companies are generally exempt from VAT.
However, the tax applies:

to sales carried out by construction or restoration companies, within 5 years after completion of construction or renovation, or even after 5 years if the seller decides to subject the transaction to VAT (the choice must be expressed in the sales contract or in the preliminary contract)
to the sale of residential buildings intended for social housing, in which the seller decides to impose VAT on the transaction (also in this case, the choice must be expressed in the deed of sale or in the preliminary agreement).
In these cases, the buyer will have to pay:

VAT at the rate of 10% (for acts of transfer and establishment of property rights of residential buildings (including those under construction), classified or assigned to cadastral categories other than A/1, A/8 and A/9, if 22% VAT for the transfer and acts establishing real rights relating to real estate classified or falling under categories A/1, A/8 and A/9.
fixed registration tax of 200 euros
flat mortgage tax of 200 euros
fixed cadastral tax of 200 euros.

Both when purchasing from a company exempt from VAT and when purchasing from a private individual, the proportional registration tax can in no case be less than 1000 euros. However, the amount actually payable may be lower by deducting the proportional tax already paid on the deposit when registering the preliminary agreement.

Видео 📚 Taxes when purchasing real estate in Italy канала Aleksei Azarov