Payback on medical devices: how to segregate and calculate recoverable VAT

With Law No. 56 of 26 May 2023, converting the Decree Law No. 34 of 30 March 2023, named “Urgent measures in support of households and businesses for the purchase of electricity and natural gas, as well as in the area of health and tax compliance” (the so-called “Decreto Bollette”), the Legislature settled, with a positive law provision, the issue that was still a cause of major concern for operators related to the practical procedures for the segregation of deductible VAT from the total amount paid as payback on medical devices.

European rules on crypto-assets – The MICAR Regulation

Published in the Official Journal of the European Union on 9 June 2023 the first European Regulation aimed at harmonising the regulation of crypto-assets among Member States (Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on crypto-asset markets and amending Regulations (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937). 

Flood emergency: the announced measures to handle the emergency caused by flood events occurring on or after May 1st, 2023

During session No. 35 of May 23rd, 2023, the Italian Council of Ministers approved, among others, urgent measures to address the emergency caused by the flooding events that occurred as of May 1st, 2023, as well as in the energy sector, which will be included in a Decree Law whose final text is currently being finalized and will soon be published.

New law on “fair compensation”: first operational impacts for professionals and companies

On 20 May 2023 the Law on Fair Compensation (Law No. 49 of 21 April 2023, published in the Official Gazette General Series No. 104 of 5/5/23) will come into force, with major impacts on professionals and companies, both in terms of costs (for the companies concerned) and in terms of contractual relations between the parties and the instruments of protection for the professionals involved.