Sunday, January 22, 2012

Good News for the Next Two Years

THIS never happens in Italy, but one part of the taxes I pay, which is a 20% tax for (???) is going down to 5% for the next two years until I can no longer take advantage of my independent tax regime for less than 30,000 euros (gross). After that I have to go into a regular Partita IVA regime or close it and get a real job. A really nice accountant I have recently met (and one of my Business English students-- teaching has its advantages!) is going to sit down with me this week and give me all the deets on the old regime, the new one, and what happens when I can't use it anymore.

I look at it this way. I have two years to think about how to get filthy-ass rich.

Any ideas?

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