New rules came into force in Italy on 1st January 2025 aiming to simplify and clarify inheritance and gift tax and modernize estate planning rules (Decreto legislativo n. 139/2024 amending the Testo unico 346/1990). These rules will apply where a person died resident in Italy or to a person who died leaving property in Italy.
The recent death at the age of 91 of Giorgio Armani, one of Italy’s most iconic fashion designers, has ushered in a carefully planned transition for his business empire and personal estate, worth an estimated 11-13 billion Euro. Armani was greatly admired for the way that he had always maintained control over his brand, both
When purchasing a property in Italy, one of the documents which the Seller must provide before completion is the Attestato di Prestazione Energetica (APE), or Energy Performance Certificate. This certificate is mandatory for nearly all property sales and rentals in Italy and provides valuable information about the building’s energy efficiency. The APE is valid for
