PwC TLS Blog

A company trade union agreement, as a result of a collective redundancy procedure, which grants the indemnity in lieu of notice at a lower figure than that established by the NCLA is lawful

4 August 2021by PwC TLS

Through the Order No. 16917/2021, the Court of Cassation, Labour Section, has dealt with the matter of the validity of the second-level collective agreement and the waiver, provided for therein, of part of the indemnity in lieu of notice of a group of employees involved in a procedure of collective dismissal.

The deduction of VAT paid at import by the consignee is allowed in case of call-off stock

2 August 20212 August 2021by PwC TLS

With the reply to ruling no. 509 dated 26 July 2021, the Italian tax authorities provided clarifications on the deductibility of VAT in case of importations of goods not owned by the importer (on this topic, see also our previous newsalert dated 27 October 2020).

Innovation Procurement: guidance from European Commission

30 July 202130 July 2021by PwC TLS

With the Notice published last 6 July 2021 in the Official Journal of the European Union (2021/C 267/01), the European Commission has provided practical guidance on public procurement in the field of innovation (the “Guidance”), offering multiple interesting indications for the benefit of public administrations and economic operators.

The new situation of frail employees in the light of Decree-Law n. 105/21

28 July 202128 July 2021by PwC TLS

by the entry into force of Decree-Law no. 105/2021, published in the Italian Official Gazette on July 23rd 2021, the state of emergency provided for by Article 26, paragraph 2 bis of Decree-Law no. 18/20 has been extended once again, providing, with retroactive effect from July 1st 2021 until October 31th 2021 (the date coinciding with the end of the state of emergency, unless further extensions are necessary), the right of frail employees to smart working, provided that the tasks they perform are compatible with this mode.

Prompt recovery of VAT on outstanding receivables towards customers subject to insolvency proceedings – Law Decree “Sostegni bis” converted in law in the Official Gazette

26 July 202126 July 2021by PwC TLS

The law no. 106 of 23 July 2021, entitled “Conversion into law, with amendments, of the decree-law no. 73, containing urgent measures related to the COVID-19 emergency, for businesses, work, young people, health and local services”, has been published with effect from 25 July 2021.

E-invocing regime between Italy and San Marino

26 July 2021by PwC TLS

The Ministry of Finance’s Decree dated 21 June 2021 (hereinafter only “the Decree”), defined the rules related to the issuance of e-invoices for the supplies of goods and services carried out with counterparties resident in San Marino.