by Marco Notarnicola. After ten years of negotiations, the landmark free trade agreement between the European Union and Singapore (EUSFTA), which removes nearly all Customs duties between the two jurisdictions, came into force on 20 November 2019. The EUSFTA was...

by Luigi Belluzzo. A new tax bill has been passed by the Greek Parliament introducing changes to the tax treatment of individuals. The new law is similar to the Italian New Tax Resident rules, confirming a growing competition among jurisdictions such us UK, Portugal,...

by Ezio La Rosa. The Prime Minister (PM) announced to the Confederation of British Industry (CBI) conference on 18 November 2019 that the government would be ‘postponing further cuts in corporation tax’. That means that the planned reduction from 19% to 17% will not...

Art. 39 of the Decree provides for substantial amendments to the criminal penalties for tax offences with a particular focus on Decree n° 74/2000 regarding fraudulent declarations. In a nutshell the following is now set: false invoices or other documents for...

The Decree provides certain amendments to the taxation rules applicable to Italian tax resident beneficiaries of foreign so called “opaque” trusts. The meaning of opaque is to be considered under Italian tax rules, where opaque trusts are defined as the ones where the...

With a controversial ruling the tax authority states that interest payable by Italian resident borrowers, who are not withholding agent, must be taxed in Italy in the hands of the foreign bank or financial intermediary (with direct application of the treaty rate, if...

by Stefano Serbini for European Taxation  - August 2019 Italy grants a favourable tax regime to foreign and/or Italian individuals entitled to receive pension income by a foreign entity who move their residence to Italy . Learn some details here For more information...