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The special tax regime for new Italian tax resident professional sportsmen is now fully operational

The special tax regime for new Italian tax resident professional sportsmen is now fully operational
The professional sportsmen, as stated by the article 16, clause 5-quater of the Legislative Decree n. 147/2015, and as a result of the issuance of the Prime Minister’s decree of January 26, 2021 that solved the problems underlined by the Financial Administration in the Circular newsletter no.33 / E of December 28, 2020, without any kind of doubt, can apply for the tax incentive named “Regime speciale per lavoratori impatriati”.

The above-mentioned law allows the sportsmen, new Italian Tax residents, that were resident abroad for the previous two years, to be taxed only on the 50% of their employee income for five years (instead the social security contribution must be calculated on the 100% of the income).

Bear in mind that, in Italy, considering the Law n.91/1981, are professional sportsmen the athletes, coaches, technical-sports directors and fitness coach that are registered to one of the below listed federations:

  • Men’s Football: FIGC – Serie A, Serie B, Lega Pro;
  • Men’s Basketball: FIP – Serie A, Serie B;
  • Pro Cycling: FCI – for road and track races approved by the federation;
  • Pro Golf: FIG.

In order to apply to this special tax regime, the professional sportsmen, as specified by the article 16, clause 5-quinquies of the Legislative Decree n. 147/2015, have to pay yearly a contribution equal to 0,5% of the tax base following the procedure stated by the Italian Revenue Agency with Resolution no.17/E, March 10 2021.

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