Flat-tax for neo-residenti raised from €100k to €200k

Decreto Legge 113/2024 raised the flat substitute tax on foreign-sourced income under the Italian neo-residenti (high-net-worth) regime from €100,000 to €200,000 per year for taxpayers electing the regime from 11 August 2024. Existing elections prior to that date continue at the €100,000 rate.