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Taxing ira's

10 years ago
I am a dual citizen through marriage to an Italian and a resident of Italy ( for 40 years). I recently inherited an IRA from my father . From this I take an annual distribution which is taxed in the US. My Italian accountant says I do not pay tax in Italy on the distribution but I do pay taxes on the dividends and capital gains on the stocks in the IRA account because Italy taxes all financial earnings.
Can anyone confirm this?

SJB Global
SJB Global
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB Global
SJB Global

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