The tax dangers of moving abroad are almost never taken into account and many times not even perceived by many Italians who move or relocate their business to Romania or abroad in general. From the punctual analysis of their family and business situation, one can evaluate the actions to be taken to make the transfer fully compliant with Italian and international tax legislation.

Still many rulings by tax commissions and the Supreme Court highlight the clumsiness with which many entrepreneurs and professionals deal with the critical issues of internationalization in Romania.

An example of this is the recent ruling No. 29095 of 2020, in which the third criminal section of the Supreme Court confirmed the configurability of the crime of misrepresentation under Art. 4 dlgs 74/2000 and the applicability of precautionary measures for the resident abroad who nevertheless maintains a significant center of interest in our country.

In a curious case that sees a well-known professional footballer end up in the taxman’s net, the Supreme Court of Cassation comes back to pronounce on the delicate and heartfelt issue of double taxation for persons and companies residing abroad but operating in Italy, whereby in essence the person who has tax residence in Italy is obliged to file one of the declarations relating to income tax or value added tax, by which is to be understood also those who, while residing abroad, maintain relations of particular importance in Italy.

We look forward to seeing you at our international tax firm to verify your position for the purpose of arranging effective tax compliance.