IMU: what are the qualifying exemptions: A Charity intends to acquire residential property to provided accommodation for under-privilege children in Italy. Would the charity be liable to pay IMU on the value of the property, if they are caught by IMU what are the prevailing rate ?
TaxConnections Members... Answer This Question
Want To be One of Our Tax Experts? Register Here
Tax Professional Answers
Claudio Leuzzi
The imu is a local tax. Each municipality decides the tax rate. however, for non-profit organizations there are discounts and exemptions. For an in-depth answer i need more information.
Leave a Comment
556 weeks ago