Italian Supreme Court ratifies the value of the OECD Commentary, including the laterversions, in the practical interpretation of Italian double tax treaties.
In its recent case - law, starting from the leading case n. 36679 on 14 December 2022, the Italian Supreme Court confirms the relevance of the OECD Commentary in the interpretation of the DCT’s entered by Italy, adding that the later versions of the OECD Commentary can be used by the judges to interpret the older double tax treaties.
VAT registration: 2023 Italian Budget law’s double-checking to curb tax frauds
VAT registration in Italy is mandatory in circumstances when a non-resident taxable person is willing to sell vatable goods or services to individual customers in Italy who are not involved in business, arts, or professional activities or have no residence or permanent establishment in Italy. As an alternative, a foreign operator with no PE in Italy may register directly using the form ANR/3. After obtaining the issuance of an Italian VAT code, the foreign operator might sale in Italy taxable services and goods.
Manovra Finanziaria 2023 – Datori di Lavoro
È stata pubblicata sul S.O. n. 43/L alla Gazzetta Ufficiale n. 303 del 29 dicembre 2022 la Legge n. 197 del 29 dicembre 2022 contenente "Bilancio di previsione dello Stato per l'anno finanziario 2023 e bilancio pluriennale per il triennio 2023- 2025". La Legge di Bilancio 2023 è in vigore dal 1° gennaio 2023. Si fornisce di seguito un'analisi delle disposizioni di maggiore interesse per i datori di lavoro/sostituti d'imposta (i commi indicati come riferimento si intendono facenti parte dell'articolo 1 della legge in esame).
2023: Nomina del Revisore o dell’Organo di Controllo
L’obbligo di nomina del Revisore legale o dell’Organo di Controllo, da parte delle S.r.l., sulla base dei nuovi parametri rivisti dall'articolo 2-bis del D.L. n.32/2019 , è stato prorogato al 2023. Scopri i dettagli dei nuovi parametri e le tempistiche di nomina nel nostro approfondimento.
La direttiva sulla sostenibilità CSRD: nuovi obblighi per le imprese.
La Corporate Sustainability Reporting Directive (CSRD) comporta l’obbligo per migliaia di aziende di rendicontare la propria sostenibilità; con notevoli ricadute sulle aziende sia per quelle obbligate, sia per quelle non obbligate alla rendicontazione. L’EFRAG (European Financial Reporting Advisory Group) – ente tecnico che si occupa dei principi contabili a livello internazionale ha condiviso in questi giorni con la Commissione Europea la prima serie di principi ESRS indipendenti e generali. Mentre a primavera è attesa la pubblicazione della seconda serie di norme ESRS, quelle settoriali.
Italian New Patent Box: the tax benefit for companies investing in Innovation
The Patent Box is an optional tax regime (tax relief) for Innovation through Intellectual Property Assets, combinable with other tax credits. It is valid for 5 years, renewable, in force in Italy since 2015 (Old Patent Box). The 2022 Budget Law (effective from February 2022) issued the New Patent Box, which greatly changed the previous regulation, modifying its purposes, structure and functioning. Currently, it is a subsidy based on R&D Costs relating to IPR (Intellectual Property Rights) to the extent of 110%: these are all those costs incurred in carrying out the company's Relevant Activities involving the development, growth, maintenance protection and exploitation of specific IPRs.
The Italian Government issued on July 1 2022 the Law Decree on the respect of equal rights between men and women in work.
The Italian Government issued on July 1 2022 the Law Decree on the respect of equal rights between men and women in work. The measures aim to ensure greater participation of women in the labor market and to reduce the gender gap, by the creation of a national system of gender equality certification with the scope to improve the working conditions of women, also in terms of quality, remuneration, and role in companies. All companies can get the specific “equality certificate”, regardless of the sector of reference, and the number of employees.
Italian draft budget 2023 – A new mini-tax amnesty, for Italian residents who have received Swiss pensions, appears
In the draft of the Italian budget law for FY 2023, filed on 22 November 2022, a new possibility appears for the new year, with regards to Italian tax residents, who have accrued or had received pensions in Switzerland and who can now enjoy a 5% substitute taxation of IRPEF.
Italian input VAT refunds after Brexit: a different perspective for UK operators
On 23 June 2016, a majority of British voters supported the cessation of the United Kingdom’s membership in the European Union. After negotiations on the terms of the United Kingdom’s withdrawal from the European Union, a Withdrawal Agreement was concluded between the European Union and the United Kingdom and entered into force on 1 February 2020.