New taxation scheme to purchase a house
in Italy (2016)
On the purchase of a property in Italy there is a registration tax (imposta di registro) or alternatively VAT (if the seller is a company) as well as the Cadastral and Land Registry taxes (imposte Ipotecarie e Catastali). The payment of such taxes is at the expense of the buyer.
In 2016 the Italian government has issued a new taxation scheme:
Seller |
Tax |
FIRST HOUSE |
SECOND HOUSE |
Purchase from a private seller |
Registration Tax |
2% of cadastral value |
9% of cadastral value |
Cadastral Tax |
€50 |
€50 |
|
Mortgage Duty |
€50 |
€50 |
|
Purchase from a developer or constructor |
VAT |
4% of purchase price |
10% of purchase price |
Registration Tax |
€200 |
€200 |
|
Cadastral Tax |
€200 |
€200 |
|
Mortgage tax |
€200 |
€200 |