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

Mar 23 , 2021

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.