France tax treaty Italy : your property in France

In France first (article 6). Italy also taxes these rents and deducts the French tax, up to the corresponding Italian tax (article 24 § 2).

Yes, the IVIE of 1.06%, less the property tax. You have no Italian income tax on this unlet property.

The Agenzia delle Entrate has accepted for the tax credit the contributions paid since 2016 (ruling no. 161 of 2018), up to the Italian tax on this income. Have their entry in your return validated by your Italian accountant.

No if you bought it more than five years ago. Within five years, the gain is taxable in Italy, with a credit for the French tax, unless the home was your or your family’s main residence for most of the period of ownership, or it came to you through inheritance.

Be careful. Italy can treat the SCI as a company and tax distributed profits while France already taxes you on your share. It can also reclassify it if it is run from Italy. The SCI does not take the property out of French inheritance tax (article 5 § 3). Compare with a direct purchase and have the project validated by Italian counsel.

No. You live in the EU.

Yes on your French property (1990 convention, article 5). Italy can also tax this property, deducting the French tax: in total you pay the higher of the two. In the direct line, Italy taxes nothing up to €1,000,000 per child.

Yes. The 1990 convention also covers gifts. France taxes the property (article 5). Italy deducts the French tax from its own (article 11 § 1).

It is possible if each country considers you resident under its law. Article 4 § 2 then decides: permanent home, then centre of vital interests, then habitual abode, then nationality. A home permanently available in France can count as a home. Have your situation checked.

France continues to tax your rents and your capital gain. With the 7% flat tax of article 24-ter of the TUIR, the foreign tax credit exists only for the States that you exclude from the flat tax in your return (Redditi PF 2026 instructions). The new residents’ flat tax of article 24-bis has risen to €300,000 a year for arrivals since 2026. Have these regimes studied before opting for them.

The 1989 treaty provides for a written request to the tax authorities of your country, to be submitted within six months of notification or collection of the second taxation (article 26). For inheritances and gifts, the deadline is three years (article 13 of the 1990 convention).