August Decree re-opens the voluntary revaluation of the assets, with the application of a very favorable substitutive tax rate (3%).
Category: Newsalert
The latest amendments to the AIM Italia market rules under the market test
On august 14, 2020 the first company admitted to listing on the AIM segment reserved to professional investors named AIM PRO Italia.
Sharing and Gig Economy – EU aims to enhance the cooperation and the Automatic Exchange of Information
In the international framework of the automatic exchange of information, the major update introduced by DAC7 refers to online platform operators that should report information to the relevant Member State’s Tax Administration on those business players which use their platforms to sell their goods and provide their services to final users.
Published the decree implementing the tax credits for R&D, technological innovation, design and aesthetic ideation
The decree clarifies a series of important points, relating to the application of new tax credits and the qualification of the eligible activities, especially about technological innovation and design.
Costitutional Court rules on the interpretation of deeds subject to Italian registration tax
The Constitutional Court, with the judgment no. 158/2020 filed on July 21st 2020, clarified that, for the purposes of register tax, the Revenue Agency must apply the tax according to the nature of the specific act subject to the register tax and must not consider extraneous elements and circumstances to the same specific act subject to registration.
The new superbonus of 110%: update after the conversion into law of the Relaunch Decree
this Newsalert gives an updated overview of the superbonus at 110% for energy efficiency and anti-seismic interventions. It should be noted that this contribution replaces the document published on 8 June 2020 available at the following link: https://blog.pwc-tls.it/en/2020/06/08/rilancio-decree-new-superbonus-of-110-the-news-at-a-glance/.
The Relaunch Decree reopens the terms for the revaluation of non-listed participations and lands
The Relaunch Decree has formally re-opened the terms for the revaluation of participations held in non-listed companies held as at 1 July 2020.
Tax crimes, criminal liability of legal entities and other changes in criminal law by the implementing decree of the PIF Directive
The purpose of the PIF directive, the main amendments made by Legislative Decree n. 75 of 2020 implementing the PIF directive, the effects of this decree on tax offences, outlook of the reform and 231 Models.
The system of increasing protection for dismissals with formal or procedural vices has been declared unconstitutional
Article 4, Legislative Decree no. 23/2015, was deemed unconstitutional in the part in which, with reference to the determination of the compensation to be paid to the employee in the event of a dismissal which is unlawful due to formal or procedural reasons, it provides that it must be "equal to one month's salary of the last reference salary for the calculation of the severance pay for each year of service".
Basilicata Region: Constitutional Court rejects some regulatory provisions regarding the authorization renewable power plants
The provisions set forth under The Basilicata Regional Law no. 4 of 13 March 2019 which have been declared unconstitutional are the following: articles 9 and 10, article 12 and article 13, paragraph 3.