Law which deals with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable to taxation.
The Michel Government announced on July 26 the ambitious reforms envisaged for the years 2018 and following. Here are the most important points.
Please find below the reforms announced for companies, freelancers, employees and savers / investors.
For companies
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Current tax rates Reform of Belgian Inheritance and Gifts LawThe Minister, Mr. Koen Geens, had urged a major reform of Belgian inheritance and gifts law. This is a profound reform of our inheritance law and other related matters
Fiscal Benefit to Purchase New MachineriesA 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.
Talking about Present and Future of the Italian Tax JusticeTax justice statistical data show that during last year (2016) the amount of “pending litigations” is considerably lowered with respect to 2015. In details, the most relevant decrease concerns “small value” tax litigations.
Transfer Pricing Documentation and Country-by-Country ReportingThe 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.
Tech Investment in Costa RicaKnown globally for its extraordinary wildlife, there is much more to know about this small Central American country, especially the on fields related to high tech foreign investments.
Controlled Foreign CompaniesItalian Law n. 208/2015, having its effect starting from Year 2016, introduced important changes with regard to the Countries considered as “Offshore Financial Centres” or “Tax Heavens”.
Compensations for Oil Pipeline Easements in the Republic of Argentina. Tax Treatment Related to Capital Gains TaxThe grounds for these payments are for the farmer or landowner to receive an appropriate compensation for the occupation of their lands and the damages caused to the activities (i.e. farming) performed in those lands.
Latest Changes in the Italian Tax AdministrationGilberto Gelosa, founding partner of Interconsulting, Treasurer and Secretary of Pragma and responsible of the tax area of the Consiglio Nazionale dei Dottori Commercialisti, which is the main public organization in Italy of Commercialisti, intervened with two speeches at the event "Changes in the Italian tax administration" organized by the Finance and Economy Ministry of Italy. |