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Determination of Flat-rate Exchange Reduction for Non-business Income in Campione d’Italia

  • The text is a determination regarding the reduction of the exchange rate to be applied to the incomes of individuals and businesses in the municipality of Campione d’Italia.
  • The reduction is applicable to incomes produced in Swiss francs in the municipality of Campione d’Italia or in Switzerland.
  • The reduction is set at 33.27% for the tax year 2023.
  • The decision is based on the provisions of the law and the opinion of the Bank of Italy.
  • The reduction is determined annually by the director of the Revenue Agency, in accordance with the law.

Source: agenziaentrate.gov.it

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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