Italian Revenue Agency Issues Ruling that Stock Options Vested During Employment in Italy Remain Taxable in Italy

The Italian Revenue Agency (IRA) has issued Ruling No. 316 of 7 September 2020 regarding the tax treatment of stock option benefits received by an Italian tax resident but exercised following a change in tax residence. The ruling addresses a case involving an individual that worked for different offices of an MNE group in various countries. From January 2003 to August 2016, the individual was …
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