Italy removes Switzerland from its blacklist for taxing individuals. Finance Minister Karin Keller-Sutter has agreed this with her Italian colleague Giancarlo Giorgetti, the Ministry of Finance announced on Thursday.
Switzerland has been on the list since 1999. The deletion follows a political declaration signed by the two partners. According to the Federal Ministry of Finance, the step removes administrative hurdles in tax relations.
Both parties have also agreed on a mutual agreement. They want to sign this once Italy has approved the legal basis for the deletion.
The mutual agreement contains a temporary arrangement for the taxation of cross-border commuters who work from home. It is valid from February 1 to June 30, 2023. According to the communiqué, Keller-Sutter was satisfied: Two important outstanding tax issues could have been clarified.
(jam/sda)
Soource :Watson
I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.
