Italy: Published Legislative Decree to Implement Tax Measures
Italy has Published Legislative Decree No. 147 of 14 September 2015 to Implement Tax Measures. The following issues are the main corporate tax measures as per the Legislative Decree: As per article 3 of the Legislative Decree, Dividends directly
See MoreItaly: Published Legislative Decree on Transfer Pricing Issues in the Official Gazette
Italy Published Legislative decree n. 147 in the official gazette on 22 September 2015 with a view to provide investors with certainty arising from their investment plan. As per the published Legislative decree, expenses relating to the transactions
See MoreItaly: Extended the Statute of Limitation to Double in Criminal Tax Investigations
Italy has published the decree in the Official Gazette on 18 August 2015 on new anti-¬abuse rule and other measures to enhance legal certainty in tax matters. It became effective on 2 September 2015. The decree also modifies the rules on the
See MoreHong Kong-Italy income tax treaty enters into force
The income tax treaty between Hong Kong SAR and Italy entered into force on 10 August 2015. The treaty was signed on 14 January 2013. The agreement generally applies from 1 January 2016 for Italy and from 1 April 2016 for Hong
See MoreItaly and Turkey: Social Security Agreement comes into effect
The Social Security Agreement between Italy and Turkey will come into force on 1st August 2015. The agreement was signed in 2012. According to new provisions in the agreement, employees allotted between Italy and Turkey may stay in their home
See MoreSocial Security Agreement between Israel and Italy ratified
By way of Law No. 98, the Social Security Agreement (2010) between Israel and Italy has been ratified on 18th June 2015 by Italy. Once in force and effective, this new agreement will replace the Social Security Agreement
See MoreSocial Security Agreement and protocol between Canada and Italy ratified
According to Law No. 93 as published in the Official Gazette No. 154 on 6th July 2015, the Social Security Agreement (1995) between Canada and Italy and its amending protocol has been ratified by Italy on 16th June
See MoreItaly: Draft legislative decree introduces advance pricing agreement rollback provision
A draft legislative decree was approved by the Italian Government on 21 April 2015 introducing an advance pricing agreement (APA) rollback provision and provisions relating to costs of transactions with tax havens. The draft decree introduces
See MoreRomania signs protocol with Italy to amend DTA
The amending protocol to the Income and Capital Tax Treaty (1977) between Romania and Italy was signed on April 25,
See MoreItaly and Luxembourg: Protocol to DTA
The Protocol to the Double Taxation Agreement (DTA) between Italy and Luxembourg came into force on January 20,
See MoreOECD makes recommendations to Italy on tax policy
The OECD Economic Survey of Italy released on 19 February 2015 notes that Italy is undertaking ambitious reforms to increase economic growth. In the past reform projects have not reached full implementation but this time Italy is reforming the
See MoreItaly and Liechtenstein: First Move for Tax Information Exchange Agreement (TIEA)
The Ministry of Economy and Finance of Italy announced that a Tax Information Exchange Agreement (TIEA) with Liechtenstein had been initialed on February 13,
See MoreItaly and Mexico: Ratification of the Double Taxation Agreement (DTA)
Italy has ratified the Double Taxation Agreement (DTA) on December 29, 2014 with
See MoreThe Tax Information Exchange Agreement (TIEA) between Italy and Jersey Enters into Force
The Tax Information Exchange Agreement (TIEA) between Italy and Jersey has entered into force on January 26, 2015. Tax Information Exchange Agreements (TIEAs) provide for the exchange of information on request relating to a specific criminal or
See MoreItaly and Switzerland Agree an Amendment to Their Existing Double Tax Agreement (DTA)
Italy and Switzerland have agreed an amendment to their existing Double Tax Agreement (DTA) to enhance tax information exchange
See MoreItaly: E-Invoicing Requirements for Suppliers of Goods and Services
The suppliers of goods and services in Italy will be required to submit electronic invoices through Italy's online platform to almost all public authorities (PAs) from March 31, 2015. Businesses supplying public authorities must provide the required
See MoreItaly:Parliament Approves a Law to Ratify a Pending Double Taxation Agreement (DTA) Protocol with Mexico
The lower of Parliament of Italy has approved a law on December 18, 2014 to ratify a pending Double Taxation Agreement (DTA) Protocol with
See MoreItaly: Introduces New Reduced Tax Regime for Self-Employed Individuals
Italy has introduced new reduced tax regime for Italian self-employed individuals and which will be effective from January 1, 2015. The self-employed individuals including entrepreneurs and sole traders will be entitled to new 15 percent fixed tax
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