The Italian legislator has recently finally put in operation the PIR. This Plans, lingered in a sort of juridical “limbo” during the last 18 months due to the lack of an appropriate set of rules.

You have regularized an offshore structure. How should you include it in your tax return from the entry into force of the "Cayman Tax”? What is the applicable tax system in case of liquidation?

The Peruvian Government after an evaluation at the end of the fiscal year 2016 reported that works for more than 700 million soles (Peruvian currency) were executed through the mechanism of Works for Taxes (OxI).

The Italian legislator has finally removed the VAT legislation gap between Italy and the most part of the EU countries. The new Italian VAT regime arise from a specific option rendered by the EU legislation since 1979.

Frequently the European headquarters that own directly a company based in Italy asked “why the balance sheet is not ready?”.

In order to attract high skilled subjects the Government provides a tax bonus in favor of those who moved their residency to Italy, the bonus consists of taxable income reduction of 50% for five years.

In our opinion, the announcement made by the Government to promote the mechanism of Works for Taxes for the reconstruction of the affected areas, is a good initiative.

The possibility of limiting liability by allocating just a part of the estate to a particular business was one of the major successes of the legal development in the tradition of Roman law.

A special tax regime has been introduced in Italy, effective from January 1, 2017, in favour of high net worth individuals who decide to move in Italy and meet specific conditions

Three recent Decisions by the Central Economic-Administrative Court have come to unify the criteria regarding the income tax and the VAT on houses leased to companies to be transferred to their employees.