Trusts and “First Home” Tax Relief: Wealth Planning Also Involves Tax Rules
A trust is a highly useful instrument for asset protection and wealth planning. However, its effects under civil law do not…
AI Act: what changes for businesses as the new european rules take effect
The aim of EU Regulation 2024/16, commonly referred to as the AI Act, together with the Italian draft law on the subject, Draft…
Failure to file a tax return and offsetting of tax credits
The offsetting of a tax credit in the event of a failure to file the relevant tax return does not automatically entail the…
Postal savings bonds and Swiss residents: when are interest payments exempt from withholding tax?
In Ruling Response No. 148/2026, the Italian Revenue Agency clarified an issue of particular relevance for non-resident…
Summer suspensions: different scenarios
Although every year tax payments and compliance deadlines are postponed with the arrival of the summer period, it is not always…
Directors’ remuneration: the Supreme Court confirms the requirements for tax deductibility
“With regard to business income, the expense incurred by a limited liability company for directors’ fees is not deductible where…
Cooperative Compliance: updated guidelines on tax risk
The Italian Revenue Agency continues to strengthen the Cooperative Compliance regime, introducing new operational guidance on the…
Public-sector employees: no cross-border workers regime. Taxation remains in Italy.
With Ruling Reply No. 132/2026, the Italian Revenue Agency confirms a principle already stated in 2019: the treaty regime…
From 2027, no more combining the inbound workers regime with the flat tax for new residents
Following the conversion into law of Decree-Law No. 38/2026, it has been confirmed that, starting from the 2027 tax year, it will…
Expanding to Italy: Permanent Establishment (P.E:) or Limited Liability Company (S.R.L.)?
Expanding your business into Italy? Choosing the right structure is a strategic decision that can impact taxation, compliance,…