Sardinia levies luxury tax on real estate

By A staff reporter 2007-05-11T00:00:00

Italy's Sardinia island has introduced a luxury tax for non-residents who own property in the island or dock their yachts on Sardinia's coasts, Italian daily Corriere della Sera reported. The region's centre-left government, led by Renato Soru, passed legislation imposing a package of taxes on second homes, private yachts, aircraft ...

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