Reimbursement of expenses to smart workers: the opinion of the Revenue Agency

With the Questioning no. 314 of April 30, 2021, the Revenue Agency provides clarifications regarding the tax treatment applicable to the sums paid as reimbursement to smart workers, stating that the sums paid by the employer to its employees, in order to reimburse the costs incurred from the same in carrying out their working activity, do not constitute income for workers, when they can be considered as expenses faced in the exclusive interest of the employer himself and on condition that they are identified on the basis of objective elements.

Law Decree “Sostegni bis”: the news on labour law matter

On May 25th, 2021, has been published in the Italian Official Gazette the law decree “Sostegni bis” (“Decree-law on urgent measures for the support of companies, work and professions, for liquidity, health and territorial services, connected to the emergency from COVID-19”), which entered into force on the following day, on May  26th, 2021.

Tax settlement procedure: Italian Revenue Agency is bound by the minutes signed within a settlement agreement in compliance with the principle of protection of legitimate expectations

The Italian Supreme Court issued the ruling no. 12372/2021 concerning the binding effects of the minutes signed within a settlement agreement, highlighting some general criticalities and stating some fundamental principles with respect to the protection of legitimate expectations and to cooperation in good faith between taxpayers and the Italian Revenue Agency.

Italian Supreme Court: the solidarity contract is possible also when a collective redundancy procedure is pending

On April 7th, 2021 the Italian Supreme Court issued an interesting ruling, the ruling no. 9307 of 2021, in which it affirmed that the solidarity contract may also be entered when a collective redundancy procedure is pending provided that, after the start of this last procedure, redundancies have occurred that could not be dealt with by the same.

OECD – Updated guidelines on COVID-19 and the impact on the application of the Conventions against double taxation

With the document published on 21st January 2021, the OECD Secretariat comes back on criteria and methods of application of DTTs as a result of the pandemic in progress which, for over a year now, is affecting the whole world and involves unprecedented law provisions as regards recipients, contents, terms and methods of support to the largest and most varied number of productive and non-productive categories, directly or indirectly impacted by the adverse economic consequences generated by the health emergency.