New taxation to purchase a land in Italy
On the purchase of a land there is a registration tax (imposta di registro) as well as the Cadastral and Land Registry taxes (imposte Ipotecarie e Catastali). VAT is due only when purchasing a bulding plot from a company. The payment of such taxes is at the expense of the buyer.
In 2016 the Italian government has issued a new taxation scheme:
|
LAND TYPE |
IVA |
Registration Tax |
Cadastral Tax |
Mortgage Tax |
|
Agricultural Land |
NO |
12% |
€50 |
€50 |
|
Any other land (also building plots) |
No |
15% |
€50 |
€50 |
|
Building plots purchased by companies |
22% |
€200,00 |
€200,00 |
€200,00 |
|
Building plots purchased by privates |
No |
15% |
€50 |
€50 |