2025 US-Italy Cross-Border Tax Update with Dirk Prato & Paolo Pagani

The Essential Tax Podcast with Mishkin Santa, Episode 26In this episode of The Essential Tax Podcast, Mishkin Santa with Dirk Prato & Paolo Pagani, tax professionals from HAGER & PARTNERS, an independent consultancy firm for national and international tax and company law, corporate finance and auditing based in Milan, Bolzano and Rome.Tune in for these key takeaways: * Italian tax residency rules, including conditions for qualifying as a resident and how to break tax residency when moving away from Italy * Italy's inheritance tax, its rates, and the benefits arising from the flat tax regime for high-net-worth individuals relocating to Italy * The practical implications of Italy's strict KYC rules for clients and financial institutions, elucidating the thorough process required for compliance * Various other tax regimes available in Italy, such as the special pension and impatriate regimes * Advice for those navigating international tax obligationsLearn more about Dirk Prato & Paolo Pagani: * Connect with Paolo on LinkedIn: https://www.linkedin.com/in/paolo-pagani-70071120 * Connect with Dirk on LinkedIn: https://www.linkedin.com/in/dirk-prato-0b873a5 * Follow Hager & Partners on LinkedIn: https://www.linkedin.com/company/hager-&-partners * Nexia International Network: https://nexia.com * Hager & Partners: https://www.hager-partners.it/en * Dirk Prato: https://www.hager-partners.it/en/our-advisers/dirk-prato * Paolo Pagani: https://www.hager-partners.it/en/our-advisers/paolo-pagani * US-Italy Tax Treaty: https://www.irs.gov/businesses/international-businesses/italy-tax-treaty-documents * FATCA Podcast: https://podcasts.apple.com/us/podcast/2024-update-on-fatca-irs-matching-campaign-of-forms/id1754660944?i=1000673870629***********************************About The Essential Tax Podcast:In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.Watch or listen to more episodes of The Essential Tax Podcast: * https://www.youtube.com/@TheWolfGroupPC * Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944 * Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOfConnect and learn more from your host, Mishkin Santa: * Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta * Follow The Wolf Group, P.C. on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc * Read Mishkin’s bio on Wolf Group, P.C.’s website: https://thewolfgroup.com/our-people/mishkin-santa