Hi misterk,
For most government bonds you only pay 12.5 % tax when selling in Italy, while other bonds are at 26 %. More info here: https://leobbligazioni.com/tassazione-obbligazioni
If selling at 26 % and considering inflation it might be a safer bet to pay off the mortgage now. At 12.5 % you're more likely to have the investment pay off more than closing the mortgage, but make sure you take that into consideration when counting on expected return etc.
Cheers
For most government bonds you only pay 12.5 % tax when selling in Italy, while other bonds are at 26 %. More info here: https://leobbligazioni.com/tassazione-obbligazioni
If selling at 26 % and considering inflation it might be a safer bet to pay off the mortgage now. At 12.5 % you're more likely to have the investment pay off more than closing the mortgage, but make sure you take that into consideration when counting on expected return etc.
Cheers
Statistics: Posted by lemoert — Fri Jul 05, 2024 6:15 am — Replies 1 — Views 130