A new bill has been passed in Italy establishing a favorable taxation regime on foreign-sourced income. The TUIR – or consolidated law on income tax - also eases the conditions of
Small and medium sized enterprises and family businesses dominate the Italian economic landscape. The high quality of niche and luxury “made in Italy” products, and the strong potential of its market, have ignited the interest of foreign investors. After a long economic downturn, the country has regained international credibility, creating opportunities for independent law firms.