The 2019 Italian Growth Decree converted into Law: New Tax Incentives aimed at making the relocation to Italy of “Human Capital” more attractive.
A document by Alessandro Belluzzo on the key developments of the rule of Law n. 34 (also called the “Growth Decree”) focused on the “Special regime for impatriate workers” and the “Incentives for the return to Italy of researchers and other persons resident abroad” ....read more
by Alessandro Belluzzo and Manuela Travaglini. Following the success of similar tax regimes already in place in Europe – like Portugal's 'non-habitual residents' (NHR) scheme which gives special tax benefits to new resident pensioners, eligible to pay absolutely no...read more
by Manuela Travaglini. A new flexible extension of Brexit until 31 October has been agreed by the EU and the UK. EU leaders, acting on a request from Prime Minister Theresa May, once again postponed the deadline by which the U.K. will either ratify the negotiated...read more
by Giacomo Francioni. This week the Chancellor published on Twitter the following statement “we’ve introduced tax cuts, increased wages & boosted support for small retailers. Our balanced approach is paying off - debt is falling, the economy is growing, we’re...read more
by Giacomo Francioni. Notwithstanding the Brexit drama, the Chancellor Philip Hammond presented his Spring Statement on Wednesday 13 March 2019. As expected, there were few news since all the tax changes coming into effect in April 2019 were announced in the last...read more
by Malcom Lim and Marco Notarnicola. On 18 February 2019, Republic of Singapore Finance Minister Heng Swee Keat delivered the Singapore 2019 Budget Statement titled “Building a strong, united Singapore”. In 2018, the Singapore economy grew by 3.2%, with the overall...read more
The unclear application of the Italian law concerning taxation of interest paid to Swiss banks may raise tax and criminal litigations
by Daniele Carlo Trivi and Valerio Vallefuoco, published in the Quotidiano del Fisco, 14/02/2019. Free translation The interpretation of the tax legislation concerning interest paid on loans granted by Swiss banks to residents of Italy may lead to different...read more
di Alessandro Belluzzo e Manuela Travaglini. Dal 21 gennaio 2019 è possibile presentare domanda di “settled status”, il sistema di registrazione che consentirà ai cittadini dell’Unione Europea residenti in Regno Unito, tra i quali si stimano 700mila italiani,...read more
Clarifications on the applicable tax regime to this kind of compensation granted to managers and/or employees of companies and investment funds. Subject to specific conditions, carried interest is qualifiedas financial income and not as employment income. As a...read more
The Italian budget law for 2019 provides for a new attractive tax package to retired foreign individuals who receive pension income from foreign entities and decide to move their residence in south of Italy. According to the new legislation, said individuals will be...read more
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NEWS & EVENTS
Today Luigi Belluzzo is delivering a speech in Tel Aviv before an International plenary of lawyers and consultants. The Special Tax Regime for New Resident Workers, with his reduction of personal tax rate (effectively to 13% or 4,5% depending on conditions) for 5 (up...
ANSA - London, 14 June 2019. Yesterday Alessandro Belluzzo was elected President of the Italian Chamber of Commerce in the United Kingdom. He replaces Leonardo Simonelli, who has chaired the Chamber continuously for the past 25 years and has been appointed President...
Belluzzo International Partners and some of its Partners have been ranked in Legal 500 - 2019, in Tax practice area. The Legal 500 stated that “Belluzzo International Partners fields 'competent, highly qualified people'. The practice is particularly focused on tax...
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