Clifford Chance
New indirect tax regime of real property leasing
9 February 2011
The yearly Italian finance act (now known as "Stability Law") has amended
significantly the tax regime of real property leasing. The changes have been
introduced to ensure that the indirect tax regime of real property leasing is
neutral in determining the choice of financing the purchase of real property. The
new regime will apply to leasing contracts on property acquired by the leasing
company on or after 1 January 2011.
