The taxation of teleworking by Italian cross-border commuters has now been settled.
From January, they will be able to work up to 25% of their working hours from home without incurring tax. Switzerland and Italy signed a declaration to this effect on Friday.
Finance Minister Karin Keller-Sutter, and her Italian economic counterpart, Giancarlo Giorgetti, signed the declaration via videoconference, according to the finance ministry.
In concrete terms, from January 2024, working up to 25% of one’s working hours from home will have no impact on the state’s ability to tax income from gainful employment on cross-border commuter status.
Karin Keller-Sutter, quoted in the finance ministry press release, said that the deal was good for Swiss companies and their employees.
Source : SWI