Taxation of UK company owning property in Italy?

Taxation of UK company owning property in Italy?

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A UK property company wishes to buy a property to let in Italy.

I'm OK with the general UK position, but does anyone know the Italian position given the client's desire to have the property held by his UK company that holds many UK properties. I.e. how is the income reported in Italy.

Thanks

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By Ruddles
01st Feb 2016 12:57

When in Rome ...

... don't bother reporting it

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By Portia Nina Levin
01st Feb 2016 13:02

I had understood the usual procedure was just to bribe the nearest tax official, and then not worry about it.

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