With the press release of the Council of Ministers of 19 October 2021 it was announced the deferral of Plastic Tax and Sugar Tax s to 2023 with the Budget law for 2022.
With the Circular letter no. 52/2021, INPS (National Institute of Social Security) provided operating instructions for the employers in order to benefit of the bonus structural incentive provided for the event of open-ended hirings of young employees under 36 years old for the years 2021 and 2022.
As of tomorrow, October 15th, 2021, the obligation to possess the green pass in the workplace will come into force.
With sentence no. C-341/20 of 16 September 2021, the Court of Justice ruled on the legitimacy of the exemption from excise duty on fuels granted by the Italian legislator to operators in the pleasure boating sector engaged in the rental of their boats for recreational purposes. With this ruling, the judges rejected the facilitation provided by the internal provisions with consequences that, prospectively, can be significant for the nautical charter sector.
The draft of the Legislative Decree transposing the Directive EU 2019/1151, which amends the Directive EU 2017/1132 – also proving for equivalent protection standards of the interests of shareholders and third parties in capital companies, for example in relation to incorporation and disclosure requirements as well as cross-border mergers and demergers – is now under review by the parliamentary committees.
On 22nd of September last, Italian Supreme Court ruled on the binding nature of a criminal judgement of acquittal in tax proceedings concerning the same facts (order no. 25632/2021), highlighting two important and closely connected issues: on the one hand, the fact that an external judgment is not subject to any procedural preclusion; on the other hand, more generally, the fact that the assessment on the same facts made in criminal proceedings is binding on the tax judge’s decision.
New Settlement Agreement Procedure, aimed at avoiding the effects of the post-pandemic crisis, can be applied starting from 15 November 2021 and can be accessed by commercial and agricultural entrepreneurs registered in the Companies’ Register who are in a situation of economic-financial imbalance for which the recovery of the company is reasonably pursuable.
With the reply to ruling no. 637, dated 30 September 2021, the Italian tax authorities provided clarifications on the correct treatment applicable for VAT and registration tax purposes to the transfer of inventory existing in Italy included in a wider transfer of going concern carried out abroad.
Advertising tax credit: eligible investments and deadlines for filing the request. f final warehouse inventories for the textile and fashion sector.
On 23 September 2021, the Gestore dei servizi energetici - GSE S.p.A. (“GSE”) submitted to the Senate (10th Commission on Industry, Commerce, Tourism and 13th Commission on Territory, Environment, Environmental Assets) its observations on the draft Legislative Decree (currently subject to parliamentary examination) implementing EU Directive no. 2018/2001 (“RED II” Directive).