Quote from ck9:
warning to all traders who want to move to italy who trade through a foreign broker:
several weeks ago a german trader contacted the ministry of finance in rome through a tax lawyer. he told them that he trades through a foreign broker, sole income source, and does several thousand trades a year. answer: in this case it is a business activity. tax rate 45% (maybe a little less because of a tax reform not long ago)
grey area.......
regards
ck9