Voluntary disclosure permits the reimbursement of the Euroritenuta

After a favourable sentence of the Tax Commission of Varese, also  the Tax Commission of Milan, with three judgments deposited last January 9, 2018, confirmed that membership of the Voluntary Disclosure gives full entitlement to the reimbursement of the Euro holding tax paid abroad ( e.g. Switzerland) by  the Italian tax payers.

 The CTP infact bases the sentence in favor of the taxpayers’ recovery on the principle of prohibition of double taxation.

This position statement is significant as it opens the possibility to many Italian taxpayers with assets abroad, which have previously joined the Voluntary Disclosure, to obtain the reimbursement of the Euroholding tax unduly paid, with substantial monetary recoveries for certain types investment portfolio.

Our staff can submitt reimbursement requests, as well as supplementary statements in order to recover foreign taxes. we remain available for any clarifications.