The Italian market has boiled. Rabiot to Juventus, James near Napoli, Theo Hernandez to Milan, who has also tried Modric ... Everything has its reason for being. For months now, the world of football in Italy was pending approval of a law that benefits the stars that come from outside. As already told by MARCA, a kind of Beckham law like the one applied in Spain for big rents and from which foreign players benefited. Because Italy already has yours because it was approved yesterday and it establishes a reduction of 50 % in the taxation of the Italian IRPF for athletes who have not been residents in Italy in the two previous years (the law enters into force on January 1, 2020) and with a maximum limit of five years. A rule that seeks no doubt revive Italian football to attract the stars of European football and to compete above all with the two strongest championships: LaLiga and the Premier League. The law is also a clear threat to the Spanish championship, which maintains its current tax rate of 43% given that the Beckham Act no longer applies to high incomes, above 600,000 euros.
For practical purposes, a Juve player who receives ten million gross euros per year and who pays 47% of IRPF now receives 5.3 net. With the new scheme, a Juve footballer in 2020 would pocket 7.4: just it would pay around 4% (regional and municipal taxes) over 5 million euros and 47% over the other 5 million. In addition, he would have to pay 0.5% of 10 million to the Treasury as a contribution to apply the new law. In the end, the effective rate will remain at around 26% instead of the current 47%. Last campaign was also approved in Italy a flat fee of 100,000 euros for image rights that the player generates outside the transalpine country, one of the main reasons that led to Cristiano to Serie A. More problems for Tebas and LaLiga.
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