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Stamp duty on financial products: news and open questions

Stamp duty on financial products: news and open questions

Enzo Mignarri (Università di Siena)

Stamp duties on financial products held in Italy and abroad are particularly relevant for taxpayers, as they impact the profitability of investments, regardless of financial market performance. The regulations and clarifications provided have not eliminated the existing differences between the taxes applicable to products held in Italy and those applicable to products held abroad, nor have they removed the opportunities for tax arbitrage permitted under the current regulatory framework.