Hi all,
I am very close in completing my Dual Citizenship application.
I had a couple questions regarding taxes. If I obtain my Italian Dual Citizenship, live and work here in the US, do I have to file and/or owe taxes to Italy? If so, can anyone briefly describe/explain the process.
Thanks!
taxes
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PeterTimber
- Master
- Posts: 6811
- Joined: 16 Dec 2007, 18:57
- Location: Yonkers NY
Re: taxes
As I understood it when I researched it prior to receiving my citizenship, unless you reside in Italy, you don't have to pay taxes or file anything. The only tax you pay is for the Marca da Bollo for your passport. It's basically a tax stamp that's good for 1 year from the date of purchase. It's mandatory to get when you first get your passport, but after that, you only need to renew it if you intend to use your passport to travel to Italy.
