Value added tax is charged on supplies of goods or services carried out within the territory of Italy in the exercise of a business, trade or profession, and on imports carried out by any person. In general, businesses must charge VAT to their customers and pay it to the tax authorities. At the same time [...]

We have a consolidated experience and know how for  establishing enterprises and companies, restructuring (mergers, spin-offs, conversions, and contributions)  and takeovers of businesses.

The rate of corporate income tax (IRES) is 24%. The following must pay the tax: public limited companies and limited companies limited by shares, limited liability companies, cooperative societies and mutual insurance companies, European companies (Regulation (EC) No 2157/2001) and European cooperative societies (Regulation (EC) No 1435/2003) resident in Italy; public and private entities resident in Italy, [...]

The Vat grouping rules simplify the application of Vat rules for company groups and reduce fiscal burdens, considering the group as a single Vat taxable person. The option is reserved to companies closely bound by the following financial, economic and organizational links: they have to be subject to a common control, through a direct or [...]

Companies and individual enterprises, wishing to invest in Italy, are eligible for several tax allowances, such as the allowance for corporate equity, the tax credit on research & development activities, the patent box regime, the super and hyper amortization and the Vat grouping rules. Furthermore, running from fiscal year 2017, they will benefit of the [...]

The rule of conduct AIDC January 2025 No. 227 deals with the recovery of taxes paid abroad on dividends even if the same are taxed in Italy in the hands of individuals with a withholding or substitute tax of 26%. The analysis is based on the ruling of the Supreme Court of Cassation No. 25698 [...]

Contributions of qualified minority interests made after 31 December 2024 are subject to the provisions of Article 177, paragraph 2-bis, of the Consolidated Income Tax Act, as amended by Article 17 of Legislative Decree 192/2024. Under the new rules, the transferee company must be owned solely by the transferor or, if the transferor is a [...]

In the case of incorrect invoices issued to a nontaxable person, the issuer is not liable for VAT even if he has issued further incorrect tax documents also to taxable persons. At the same time, determining the share of invoices will have to be done by estimation, the criteria for which will be inferred from [...]