Clifford Chance
Tax rate on interest, dividends and capital gains increased to 26%
19 May 2014
The Italian Government just issued a decree law containing a set of measures to relaunch the Italian economy. The Decree Law 66/2014 introduces significant changes to the tax regime of income from financial sources (such as interest, dividends and capital gains on shares and other securities).
The Decree Law 66/2014 must be converted by the Parliament into law, with possible amendments, within 60 days; if not converted, the decree would cease to produce any further effect.
