CashNews.co Italy has doubled a flat tax on the foreign income of new residents, in a blow to rich expats seeking to flee the prospect of higher levies elsewhere in Europe. Prime Minister Giorgia Meloni’s cabinet on Wednesday approved a rise in the annual levy on overseas income for new tax residents in Italy to […]
Video. G7 Financial meeting in Italy #ItalyFinance
CashNews.co Updated: 24/05/2024 – 14:58 GMT+2 At a G7 meeting in Italy, U.S. Treasury Secretary Janet Yellen urged for unlocking $260 billion in frozen Russian assets to aid Ukraine. As Kyiv’s finances weaken amid ongoing conflict, urgent solutions are needed. Yellen also called for a unified stance against China’s state subsidies impacting global manufacturing. Final […]
Italy Embedded Finance Business Report 2024: Market to Reach $11.33 Billion by 2029 #ItalyFinance
CashNews.co Company Logo Italian Embedded Finance Business and Investment Opportunities Market Italian Embedded Finance Business and Investment Opportunities Market Dublin, May 28, 2024 (GLOBE NEWSWIRE) — The “Italy Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2024 Update” report has been added to […]
Airbnb took in $4bn in Italy. Now the Finance Police is seizing $835m #ItalyFinance
CashNews.co Italy’s Finance Police is seizing about €779 million ($835 million) from the home-sharing company Airbnb Inc. after it allegedly failed to pay some taxes. Airbnb didn’t pay Italy the 21% withholding taxes owed on about €3.7 billion of rental revenue, according to a statement Monday from Milan Tribunal prosecutors. Three people who worked for […]
Mogul Who Eyed Nasdaq in 2019 Is Now Kingpin of Italian Finance #ItalyFinance
CashNews.co (Bloomberg) — Andrea Pignataro has quietly become one of the most important men in Italian finance, building a network of companies that control data, trade securities and help the European Central Bank manage the euro in an empire worth an estimated €25 billion ($27 billion). Most Read from Bloomberg The reclusive dealmaker from Bologna […]
White & Case advises Italian Ministry of Economy and Finance on acquisition of TIM’s network #ItalyFinance
CashNews.co Global law firm White & Case LLP has advised the Italian Ministry of Economy and Finance on its investment in a consortium led by private equity fund KKR which aims to acquire TIM’s network infrastructure activities. The entire transaction is valued at approximately €22 billion, including earn-outs. The new entity, resulting from the incorporation […]
G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets #ItalyFinance
CashNews.co FRANKFURT, Germany (AP) — Finance officials from the Group of Seven rich democracies said they had moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries. But the ministers left a final deal to be worked out ahead of a June summit of national […]
When the fish died he couldn’t be a fisherman. He became Italy’s finance minister instead. – POLITICO #ItalyFinance
CashNews.co When the fish died he couldn’t be a fisherman. He became Italy’s finance minister instead. – POLITICO Skip to main content Read More #cashnews #Italy #finance
Kill or confine? Italy and Romania wrestle with bear attacks response #ItalyFinance
CashNews.co When a 19-year-old girl was mauled to death by a wild bear in Romania last month, the country’s response was swift: double the number of animals culled every year. In Italy, however, the killing of a female bear who injured a French hiker has sparked an agonised public debate on how to handle aggressive […]
I Quit My Finance Job and Became an Airbnb Host in Italy — I’m Happier #ItalyFinance
CashNews.co This as-told-to essay is based on a conversation with Anton Speecha 39-year-old Airbnb superhost based in Brenzone sul Garda, Italy. It’s been edited for length and clarity. I’m the founder of GardaDoma and an Airbnb Superhost in Brenzone sul Garda, Italy. Since 2019, my seven properties have hosted over 3,000 guests, and our annual […]