Australian Tax Treaties

Italian Convention  

SECTION (2)  

(2)    
With reference to paragraph (6) of Article 8 -

The Italian taxes to which the Agreement therein referred to shall apply, with effect from the date of their entry into force, are the following -

(i) the individual income tax ( l ' imposta sul reddito delle persone fisiche );

(ii) the corporate income tax ( l ' imposta sul reddito delle persone giuridiche );

(iii) the local income tax ( l ' imposta locale sui redditi ).

If, in Australia, a tax (not being Australian tax referred to in Article 1 of the said Agreement) is imposed on profits derived by an enterprise of Italy from the operation of aircraft in international traffic, the taxes to which the Agreement shall apply in Italy shall thereupon cease to include the local income tax ( l ' imposta locale sui redditi ).