The art. 13 Bis of the D.L. 78/2009, converted with amendments by the L. 102/2009, has re-introduced in the Italian Law the system of the Tax Shield to allow the return of assets deposited outside the Country.
The special tax is applicable to financial and patrimonial activities held up to at least 31 December 2008 and brought back to Italy from 15 October 2009 to 15 April 2010. Hungary belongs to the White List, a list of 36 countries where it is possible the repatriation or the regularization of the assets.
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