Italian legislation grants, since 2015 and till 31th December 2020, a tax bonus to the resident companies for the investment in research and development (R&D).

The annual accounts for the year 2017, 2015 intended to prevent the use of the financial system for money laundering or financing of terrorism.

Financial technology gives rise to numerous business opportunities and is currently positioned as one of the most useful tools in the financial market.

Effective this month, four of the country’s largest credit card providers will no longer require a signature to complete a purchase via credit card.

The Court of Cassazione, with the sentence n. 2240 of 30 January 2018, examined the effects of transfer pricing adjustments on VAT, reaching a European-oriented conclusion.

“Offshore Company” is the term used for companies established under jurisdictions that allow them to operate anywhere other than in the specific jurisdiction they are regulated in.

The Italian government has approved a mini voluntary disclosure in favor of tax payers resident in Italy who, previously, were resident abroad or worked continuously abroad in border areas and neighboring countries. 

The provision n. 194409/2017 has reformed the INTRASTAT discipline, eliminating some obligations and simplifying those that remain, implementing the changes made by art. 13 of the DL 244/2016 to the art. 50 of Decree 331/93.

On July 10, 2017 we summarized the provisions related the so called ‘CbC Report’. This time, we would like to update the time table related to this new transfer pricing documentation

The Council of the European Union has issued its own black list of non-cooperative states and territories. The list was constructed identifying three basic parameters relating to non-EU countries.

The fiscal year 2017 is full of important news related to transfer pricing rules. The 2017 edition of the Transfer Pricing Guidelines mainly reflects a consolidation of the changes resulting from the OECD/G20 BEPS Project.

A great chance is given to companies: the 2017 budget law confirm the “super amortization” process, that gives the possibility to amortize at 140% the new capital goods that Italian companies buy.

The Base Erosion and Profit Shifting Action Plan adopted by the OECD and G20 countries in 2013 recognised that enhancing transparency for tax administrations is a crucial aspect for tackling the BEPS problem.