NEWS
Contribution of non-controlling interests in ‘controlled realisation’ – Family-owned transferee company – New provisions of Legislative Decree No. 192/2024
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. [...]
No VAT if the incorrect invoice is issued to the final consumer
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, [...]
The possibility of dematerialising special categories of shares in small and medium-sized limited liability companies and the resulting obligation to keep the shareholders’ register
Law no. 21/2024 (the so-called ‘Capital Law’) has only introduced the possibility for small and medium-sized limited liability companies to issue special categories of dematerialised shares that circulate through mere book-entry transactions and that are [...]
Dividends from Croatia – refund of the higher Italian tax due to the impossibility of offsetting the tax from abroad
Dividends received from Croatia by resident individuals are normally subject to Article 27(4) of Presidential Decree 600/73, which provides for a withholding tax of 26% on the total dividend received, without distinguishing between qualifying and [...]
VAT on secondment of staff: Effects from 2025
From 1 January 2025, the hiring and secondment of employees will be subject to VAT. There is generally no change for industrial and service companies that enjoy the full right to deduct input tax, while [...]