Italian tax developments on trusts and the lump sum tax regime. 19 April 2023

Speakers

• Nicola Saccardo, Partner, Charles Russell Speechlys LLP London/ Attorneys at Law www.charlesrussellspeechlys.com

Topic

Inheritance and gift tax treatment:

• Distributions from non-resident trusts
• Reporting obligations for trust beneficiaries
• Trusts and lump sum tax regime

Recent rulings regarding the lump sum tax regime

Speakers CV

Nicola Saccardo is a partner of Charles Russell Speechlys. He is admitted to practise in Italy. His areas of expertise is Italian tax law with a focus on taxation of trusts, estates and HNWIs; relocation of HNWIs to and from Italy; estate tax planning; and international and EU tax law. 

He is the Chair of the Tax Committee of the International Academy of Estate and Trust Law, a member of the International Estate Planning Committee of the American College of Trust and Estate Counsel and the Chair of the International Client Global SIG Steering Committee of STEP.

He is the editor of the International Family Offices Journal and of the book Global Mobility of Ultra-High-Net-Worth Individuals, both published by Globe Law & Business Limited together with STEP. He is ranked as leading Italian tax expert in several legal directories.