Foreign tax relief
In case of double taxation of the same income (between Italy and a foreign country), the individual can claim foreign tax relief for the taxes paid abroad. The relief can be claimed only when the foreign taxes become "finals and settled’, by filing the Italian tax return. The foreign tax relief is calculated using a specific formula.
Below is the list of countries with which Italy currently has DTTs:
|Colombia||Malaysia||Trinidad and Tobago|
|Denmark||Morocco||United Arab Emirates|
|Ecuador||Mozambique||Union of Socialist Republics (1)|
|Egypt||New Zealand||United States|
|Finland||Pakistan||Uruguay (Oriental Republic)|
|Germany||Poland||Yugoslavia Ex (2)|
- This treaty is still applied to Kyrgyzstan, Tajikistan, and Turkmenistan.
- This treaty is still applied to Bosnia and Herzegovina, Serbia, and Montenegro.