Tax on rental income derived from the USA

I found this on the internet:


Under Italian tax law resident taxpayers are taxed on a worldwide basis. Therefore, foreign pensions and almost all foreign source income are liable to individual personal income tax, which currently ranges from 23% to 43%, plus local taxes up to 3%. Income from capital, dividends and capital gains are generally taxed at 26%.

The special regime, which took effect from 1 January 2019, allows taxpayers holding foreign pensions, who have not qualified as Italian tax residents for at least the previous five tax periods, to opt for the application of a flat tax of 7% to all foreign source income.

Taxpayers can opt for the flat tax of 7%, regardless of their age and citizenship if they:

Transfer their tax residence from a country with an administrative cooperation agreement with Italy to one of the following Italian southern regions: Abruzzo, Basilicata, Calabria, Campania, Molise, Puglia, Sicily and Sardinia, in a Municipality with a population of less than 20,000 inhabitants; and
Have not been tax residents in Italy for at least five tax periods prior to the transfer to Italy; and
Currently are in receipt of a foreign pension.

My questions are:
- is this tax regime still available?
- does it have a limited timeline? If so, how long?
- if we're already taxed approx. 20% in the USA on this rental income, does that mean the 7% is waived to prevent double taxation?
- are local regional & municipal taxes waived under this tax regime?
- can you refer me to a tax specialist from Italy that you've worked with?

Thanks for your help!
B. Regards,

ps - we would like to move to Sardinia so the restrictions would work for us.

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