INTERNATIONAL NETWORK OF LAW AND CONSULTING FIRMS
Innovative start-ups are a key component of the modern economy, as they foster innovation, stimulate economic growth and generate new job opportunities. To support and promote the development of these companies, Italy has introduced tax incentives for investors who decide to finance this type of company.
As we previously reported, the ATO is undertaking targeted consultation on updating website guidance for crypto assets. Most recently, the ATO has issued new Goods and Services Tax (GST) guidance specifically relevant to crypto assets.
In today's digital age, one of the biggest challenges continues to be the protection of personal data and the right to privacy of individuals. The Internet stores innumerable personal data whose unlimited access, eventually, could affect the reputation, family or work life of people even years after its original publication.
Artificial Intelligence (AI) is one of the most debated subjects today. While some are questioning the danger of the evolution of AI, imagining a machine revolution in the style of a science fiction movie, others are starting to count the years they still have to work ahead to calculate whether they still have time to retire before they lose their job to AI.
Ecofin concluded that Uruguay has complied with all commitments made with the European Union, having demonstrated its willingness to cooperate on issues of good tax governance. The changes introduced, both at a legal and regulatory level, are aimed to strengthen the source principle for business income.
