Americans in Italy: Residency & Tax Oversight

For US citizens, Italy involves navigating the intersection of Italian Law and mandatory US Federal Tax reporting (FATCA). Our US-Italy Desk provides specialized assistance to manage this dual-jurisdiction footprint.

Key Research & Considerations

We evaluate the US-Italy Double Taxation Treaty to assist in ensuring that income and assets are not taxed twice. This involves analyzing the reporting requirements for the Italian Quadro RW in conjunction with US FBAR/Form 8938 mandates. We also research the Principle of Reciprocity to confirm your standing for property acquisitions.

Key Service Pillars

• Dual-Compliance Strategy: Coordinating with US professionals to assist in satisfying both IRS and Italian Revenue Agency reporting.
• Quadro RW Reporting: Assistance with the mandatory declaration of foreign assets held by Italian residents.
• Reciprocity Assistance: Evaluating your legal standing for property purchases under the principle of reciprocity for US nationals.
• Asset Structuring: Reviewing the use of family holdings and corporate wrappers that satisfy both US and Italian standards.
• Residency Management: Navigating the specific visa requirements and administrative filings for US expats and retirees.