San Marino has published Law No. 94 of 24 June 2022 on changes to the budget for 2022. This includes amendments to the conditions for the new foreign financial assets held by individuals (imposta per il riequilibrio delle attività finanziarie estere - IRAFE). The IRAFE was introduced as part of the original budget measures for 2022 and is levied at a rate of 0.2% on qualifying foreign financia…