Fringe Benefit 2024: new features with tax-free amount up to €2,000
For year 2024, it is possible to provide employees with up to €2,000 tax-free fringe benefits.
Research and Development: Tax Credit Italy
Tax Credit Italy for Research & Development Starting from the 2020 tax period, the discipline of the tax credit for Research and Development expenses has changed radically, providing fixed percentages based on the types of expenses incurred. (Law No. 160/2019, Budget Law 2020). get free quotation book a call Tax Credit Italy: current conditions At […]
Qualification of fees for the use or concession in use of software
The Italian Revenue Agency clarifies the criteria for categorising remuneration for the use or concession in use of software, based on the OECD Model.
Tax Consideration in Respect of Fees for Technical Services Performed in Tunisia by an Italian Company
The feasibility study for the renovation of a Refinery in Tunisia and assistance provided in drafting the documents needed for the relevant tender create an issue in term of double taxation – the issue can be solved applying the provisions set by the Treaty against double taxation signed between Italy and Tunisia and the subsequent […]
VAT – Failure to invoice and submit a return – Applicable penalties and related active repentance
In its reply No. 450/2023, the Agency clarifies how to remedy omissive behaviour concerning a real estate brokerage company’s failure to invoice and to file a VAT return. The applicant’s question The question concerns a foreign company that has been operating in the real estate auction sector on Italian soil since 2016 and has been […]
Tax and Legal Services for Corporates in Italy
Services for corporate tax in Italy Our chartered tax advisors provide professional support with a variety of fiscal and legal services for corporate tax in Italy. get a free quote book a call A&P Areas of Expertise Tax Return for Employees We support your employees in filing their tax returns. learn more Limited Liability Company […]
Italy: Fringe Benefits up to €3.000
Chance to distribute employees up to €3.000 tax-free by January 12, 2023.
Excluded the recognition to UK banking institutions of the exemption from tax withholding
UK Credit Institutions excluded from the recognition of the exemption from withholding tax on interest and other income deriving from medium/long-term loans.
VAT exemption for educational services by non-residents
With the answer to tax ruling n. 750 published on October 27, 2021, the Italian Revenue Agency clarified that VAT exemption can be applied to the provision of certifications and training services when there is “recognition” by the competent Italian authorities to the non-resident who provides educational services. Clarifications of the IRA Whenever a UK-based […]