The Italian Government decided to further postpone the entry into force of the Sugar Tax from 1st July 2025 to 1st January 2026.
Category: Newsalert
Registration of passive invoices by April of year following their receipt: essential for VAT deduction?
Registration of passive invoices by April of year following their receipt: essential for VAT deduction? With the response to query no. 115/2025, the Revenue Agency seems to answer this question affirmatively.
Employee participation in corporate governance is now law
On May 14th, 2025, the law entitled “Provisions for employee participation in the management, capital, and profits of companies” was definitively approved. It will come into force on June 10th, 2025, and is the result of a popular initiative proposed by CISL.
Updates on labour matters introduced by the Budget Law for 2023
On 29 December 2022, the Budget Law for 2023 (Law 197/2022) was published in the Official Gazette. The Law contains numerous interventions on labour and social security matters, aimed at reforming (without distorting) the employment regulation.
Signed the extraordinary protocol for the tertiary, distribution, and services sector: granting of one-off payment and contractual increases
On 12nd December 2022, the employers' association Confcommercio signed - in agreement with the trade unions Filcams Cgil, Fisascat Cisl and Ulitucs - an extraordinary sector protocol that aims, on the one hand, to mitigate the effects of the increase in inflation and the cost of living in general, and, on the other hand, to resume negotiations for the renewal of the Tertiary, Distribution and Services NCLA, which expired on 31st December 2019.
News on electronic invoicing and VAT compliance obligations proposed by the European Commission in the context of the new “VAT In the Digital Age package (VIDA)”
On December 8, 2022, the European Commission published the action plan “VAT In the Digital Age package (VIDA)” that requires Member States to review the effectiveness of the current VAT rules against the developments that will be (or have already been) brought by the digital age.
January 2023: what changes in the italian civil proceedings
The Legislative Decree No. 149/2022, issued as an implementation of Delegated Law No. 206/2021, carried out a substantial reform of civil justice to be achieved in different timelines according to the recent Law n. 197/2022.
Clarifications about the application of the IOSS regime for e-commerce platforms operating through the “dropshipping” scheme
With the Response to the Ruling no. 77, published on January 18, 2023, the Italian Tax Authorities provided clarifications regarding the application of the IOSS regime (“import one stop shop”) to the supplies of goods carried out through the “dropshipping” commercial scheme, with reference to the identification of the deemed supplier in said transactions and to the determination of the intrinsic value when the importation takes place.
2023 Budget Law – New provisions in the VAT, excise duties and consumption tax field
Law No. 197/2022 concerning the “Budget of the State for the financial year 2023 and multiannual budget for the period 2023-2025” (“Budget Law”) was approved on 29 December 2022. In this document we briefly analyze the most significant changes introduced with regard to VAT, excise duties and certain consumption taxes (so called “Plastic tax” and “Sugar tax”).
The main updates in the field of incentives for businesses
Below it is reported a review the main changes relating to incentives for businesses introduced by the Budget Law 2023 (law n. 197/2022).