Declaration of Income Tax and Observations of the SII
According to the information published by the Internal Revenue Service and the General Treasury of the Republic, this year 3,700,138 taxpayers filed their income tax return.
The Finance and Insurance industry group comprises establishments primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. Three principal types of activities include: raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities; and pooling of risk by underwriting insurance and annuities; and providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs.
Industry code
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Industry Code Full
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EU VAT Fraud: Agreement on Measures to Increase Administrative Cooperation for the Prevention of VAT Fraud
Value added tax (VAT) is an important source of tax income for the EU Member States, but every year there is an estimated € 150-160 billion of tax revenue lost due to shortcomings in the VAT system, including fraud.
Cross-sectional View of the Effects of the Supreme Court Decision of February 27, 2018 on the Remuneration of the Directors of the Capital Companies
From the mercantile point of view, the recent Supreme Court Judgment of 27 February has led to the rejection of the dualist theory of retribution of directors and the imposition of the monistic conception.
Great Interest and Participation on the “U.S. Tax Reform” Convention Organized by Interconsulting Studio Associato
The convention "Tax Cuts and Jobs Act" organized on 7 July 2018 by Interconsulting Studio Associato, Milan together with G. C. Consultants, New York has aroused great interest in the topics proposed with more than 70 participants between companies and professional firms.
Given the growing link between the United States and Italy, with an increase of 10.2% (compared to 2016), Italy has entered the top 10 of the main commercial partners of the US, reaching a commercial weight of 1.8 %, slightly increasing compared to the 2016 annual data (source: ICE New York).
R&D Tax Bonus: Even for Branch of Non Resident Companies
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).
Transfer Prices: An Opportunity to Be Taken
For companies, it is essential to review cross-border operations carried out with related parties, and it is crucial to have a study on transfer prices, in order to justify them in light of current tax regulations.
2018 Incentives for Developing Business in Italy (Part 2)
Italy is ranked 46 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Italy improved to 46 in 2017 from 50 in 2016.
News on 2017 Annual Accounts: the Obligation to Include Information on the Beneficial Owner of the Company
The annual accounts for the year 2017, 2015 intended to prevent the use of the financial system for money laundering or financing of terrorism.
Fintech in Mexico: Growing Investment Opportunity
Financial technology gives rise to numerous business opportunities and is currently positioned as one of the most useful tools in the financial market.
Credit Card Evolution: Goodbye John Hancock
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.