-
Natascia Alesiani in the Notebook n. 75 published by the School of Advanced Training – SAF
Since its introduction, the arrangement with creditors as a going concern has been a very complex type of insolvency procedure. Born as a rule of the arrangement procedure, the institution has become increasingly autonomous, thanks also to the legislator that with the reform of 2015 has profoundly differentiated this procedure, exempting the debtor who chooses […]
Learn More -
European Commission: first counter-measures on listed non cooperative tax jurisdictions
The European Commission has proposed guidelines for concrete countermeasures for the EU list of non-cooperative tax jurisdictions. The guidelines aim to ensure that EU funds do not inadvertently contribute to global tax avoidance. They should guarantee that EU external development and investment funds cannot be channeled or transited through entities in countries on the EU’s […]
Learn More -
Composition with creditors, tax settlement and abatement of debts
The Supreme Court by Ordinance n. 5906/2018 stated that in composition by abatement of debts the debtor could wiped out credits with better right of priority, after paying debts for VAT and withholding tax credit. For any further information please contact our firm.
Learn More -
Validity of the contract with the only initials of the declarant
A contract can be considered validly concluded between the parties even with the initials of the declarant, as provided in decision no.6573/2018 of the Supreme Court of Cassation. In fact, according to the prevalent case-law, the signature of the declarant – consisting in name and surname put by himself or in identifiable initials – expresses […]
Learn More -
Health responsibility: Andersen expert at the Department of Law of Bicocca University
Valentina Piccinini, partner in Andersen, as well as associate professor at the University of Milano-Bicocca, will be among the speakers of the conference organized by the Department of Law of the Bicocca University on Health responsibility in the Gelli/Bianco law (no. 24/2017).
Learn More -
Andersen Global Continues Expansion in Germany with Berlin Office
Andersen Global continues its expansion in Germany as a new office in Berlin opens, joining the existing Andersen & Legal team in Germany, effective March 1, 2018. The Berlin office will be the sixth location of Andersen & Legal in Germany and includes more than 60 professionals in the offices of Berlin, Dusseldorf, Frankfurt, Cologne, […]
Learn More -
Antitrust inquiry against vexatious clauses in Accident and Health insurances
Antitrust and Ivass have started a coordinated action to investigate the existence of several clauses in the insurance policies, that do not allow the heirs of the insured to succeed in the right to compensation if “their relative dies for a different reason than the one which has determined the invalidity and before the insurance […]
Learn More -
New section for VAT deductibility
Decree Law 50/2017, as noted, changed the discipline related to deduction of the VAT on purchase invoices. The Revenue Agency Circular N. 1/2018 clarified that the right for the VAT deduction is recognized when the tax is due and the taxpayer owns the invoice. If the taxpayer receives an invoice related to 2017 he can […]
Learn More -
Andersen Global Initiates Expansion in the United Kingdom
Andersen Global is proud to announce its expansion in the United Kingdom through a Collaboration Agreement with a leading VAT firm in London, RBCVAT Limited. The firm, led by Roger Bevan, is a significant addition to increasing Andersen Global’s platform in this key market in Europe. RBCVAT Limited will be a part of the LLP […]
Learn More -
Ue: composition with creditors and VAT deduction
The European Court of Justice, with its holding of 22 February 2018 about lawsuit number C-396/16, clarified the conditions for the adjustment of the VAT deduction originally carried out, in the hypothesis of admission to a scheme of arrangement that involves a definitive reduction of debt obligations towards its creditors. For any further information please […]
Learn More -
VAT deductible is granted even if there is no annual tax return
The Supreme Court with decision n. 4392 on 23th February 2018 stated that the Tax Office must granted the VAT tax deductible to the tax payer, if he has complied with the necessary formal requirements, even if there is no annual tax return. The VAT credit must be used by the tax payer within the […]
Learn More -
Next deadlines in terms of payment and Certification of Profits paid in 2017
With the enclosed circular the Firm reports next deadlines in terms of payment: – Payment of the 2017 VAT balance, to be paid by next March 16th or, with a surcharge, by the deadline for the payment of taxes resulting from 2018 Income Tax Return. In both cases instalment payment formulas are allowed. – Payment […]
Learn More -
Congress on Tax Credit regulation on cinema and TV productions – Rome – March 22, 2018
On March 22nd Andersen is organizing a huge conference concerning the new tax credit regulation on cinema and TV productions. The conference is sponsored by the Italian Ministry of Arts and Culture. To date, we have already received confirmation from the most important movie and TV series producers (such as Sky Italia, Vidia, RAI Italian […]
Learn More -
Ban on late evidences for non-collaborative taxpayers
The Supreme Court by Ordinance n. 4001 on 19th February 2018 stated that the documentation not timely produced to the tax Authority pursuant to art. 32 Presidential Decree n. 600/1973 is not an admissibile evidence. Only if taxpayers proof they’re not guilty they can produce the documentation with the appeal as expressly provided by the […]
Learn More -
The legal person as director in a limited liability company (S.r.l.)
The specialized section in corporate law of the Court of Milan in its judgement No.3545 of March 2017, has stated the legitimacy of the clause for which a limited company (Spa) shall be nominated as director of a limited liability company (Srl). In the event of potential detrimental acts, it is jointly responsible for the […]
Learn More -
Andersen Launches in Egypt
The Andersen name launches in Egypt this week as Maher Milad Iskander and Co., an Egyptian tax and legal firm based in Cairo, formally adopts the name Andersen & Legal. Maher Milad Iskander and Co. became a collaborating firm of Andersen Global in July of 2017 and is one of three that have become member […]
Learn More -
New rules on Swiss VAT for foreign companies operating in Switzerland
A partial amendment of Swiss VAT law entered into force on January 1, 2018, and has an impact on businesses not established in Switzerland. As of January 1, 2018, foreign businesses pay Swiss VAT on their turnover generated in Switzerland if it generates at least CHF 100,000 worldwide. Moreover, mail-order companies with a place of […]
Learn More -
DAT: the innovation introduced by Law No. 219/2017 on the living will
The new law on the living will came into force on 31 January 2018 and establishes the principle whereby no medical treatment may be initiated or continued without the free and informed consent of the person concerned, except for cases expressly provided for in the law. One of the most important aspect of this law […]
Learn More -
New rules on taxation of dividends arising from a tax haven
The Budget Law 2018 provides that dividends paid, directly or indirectly, by companies located in a tax haven will be 50 percent excluded from the taxable income of the resident shareholder. This happens if it can prove (also through the tax ruling) that the foreign company carries out a commercial activity and pass the so […]
Learn More -
Hotels bonus 2017
The 2018 financial measures have provided the postponement of the tax credit for the companies operating in the touristic industry. The latter was firstly introduced by the D.L. 83/2014 and it was provided only for hotels and then also for holiday farms. The new Law postpones the tax credit for fiscal years 2017 and 2018 […]
Learn More