Access all of our articles to better understand laws surrounding Italian inheritance and the steps you must take when dealing with succession
Inheritance tax varies by State and in this post we will see how it is calculated in Italy
When a person decides to transfer the ownership of a property to a family member by way of a Will, the former bears the immediate notarial costs of the instrument, while the latter pays any tax related to the act of inheriting a property. Inheritance tax varies by State and we will see how it is calculated in Italy, how it works, how much is paid on inherited assets. We will look at allowances, what percentage is inheritance tax, the mortgage and cadastral taxes and how the cost is calculated.
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