A simple, flexible, and tax-efficient solution: this is Sweden’s Investment Savings Account (ISK), a tool that eliminates capital gains taxes in favor of a fixed annual levy. The European Commission is examining it as a best practice to activate the €10 trillion currently sitting idle in European citizens’ bank accounts.
Massimo Caiazza was interviewed by Moneta, the weekly publication by Il Giornale, to explain the advantages of this system and its potential implications for Italy.
Caiazza noted: "The Swedish model would encourage Italians to invest in more profitable medium- to long-term instruments and funds, as it provides clear visibility of one’s financial position—eliminating concerns about latent capital gains taxation."
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