Business · Economy · 1 day ago
Italy renews 8% tax option for companies transferring assets to shareholders
Italy’s 2027 budget plan renews tax breaks for certain changes involving company assets.
Companies can transfer assets to shareholders through a facilitated assignment or sale, or change into a simple partnership.
The measure also covers removing assets from a business, a process known in Italy as “estromissione.”
The tax rate for these operations is 8%.
Companies must complete the operations by September 30, 2027, and pay the tax in one instalment.
The measure matters to companies considering changing how they hold or transfer assets, including property and cars.
Italy’s 2027 budget measure renews tax-favoured transfers of certain company assets to shareholders.
The measure also covers the conversion of a company into a simple partnership and the removal of assets from a company.
The operations must be completed by 30 September 2027.
The tax is payable in a single instalment.
- Who
- Companies and their shareholders.
- What
- Italy’s 2027 budget measure renews tax-favoured asset transfers, including an 8% tax option.
- When
- The operations must be completed by 30 September 2027.
- Where
- Italy.
- Why
- Not stated
This story does not have two clearly opposing sides.
The budget measure renews the tax-favoured operations.
The operations must be completed.
- Tax rate
- 8%
- Deadline
- 30 September 2027
- Payment
- Single instalment
- Covered operations
- Asset transfers to shareholders, conversion into a simple partnership, and removal of assets from a company