Molte banche ed istituzioni finanziarie nel Regno Unito, a seguito dell’uscita della Gran Bretagna dall’Unione Europea (c.d. Brexit), sono in procinto di chiudere in questi giorni i conti bancari in UK intestati alle persone fisiche non residenti nel Regno Unito ma residenti fiscalmente in Italia. Tale fattispecie comporta il trasferimento di fondi dal Regno Unito presso banche ed altri intermediari finanziari residenti in Italia, i quali richiedono ai contribuenti, inizialmente titolari di attività finanziarie all’estero,…
UK resident financial intermediaries are now closing UK bank accounts in the name of non-UK resident taxpayers (who are resident in Italy) as a result of the United Kingdom exit from the EU (so called “Brexit”).
As a result, former UK residents are now transferring their funds to Italian bank or other Italian financial institutions, which are setting more strict controls over the origin of financial assets held outside of Italy.
This phenomenon also implies an important check on compliance for Italian tax monitoring purposes (Form RW) for all taxpayers who were considered Italian tax residents during an observation period of 5 years prior to the close of the UK bank account and the transfer of the funds to an Italian financial intermediary.
To this regard, compliance letters are being sent by the Italian tax authority to all taxpayers deemed responsible for possible tax infringements, who are invited to regularize their position via a spontaneous declaration, allowing them to pay a relatively low amount of penalties (around 0,60%) instead of a full penalty ranging from 3% to 15% of the undeclared amounts.
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