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No cash transactions for rent payment

27 January 2014

Independently of the amount of rent you are paying, since January 01, 2014 it is no longer possible to settle this sum with cash payments. The payment of rent has now to be settled with the help of payment methods that can be traced, such as bank transfers or crossed cheques. Excluded from these new regulations are only council houses/flats and commercial property.

Latest news

Regarding the italian money laundering law which since dicember 6th, 2011 allows cash payments up to a maximum of 999,99 Euros, the ministry of economics and finance now backpedals explaining that rents up to a maximum of 999,99 Euros can still be paid in cash unless the landlord issues a receipt for the drawn summ.

(Source: fiscoetasse.com from 26.02.2014)

Further news regarding italian legislation