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Italian 2024 budget law - Allen & Overy

The Budget Law extends the applicability of the Italian participation exemption regime (Italian PEX) to companies and trade entities which are resident in an EU or EEA member State (that allows an adequate exchange of...more

FASTER: the European Commission’s proposal to improve withholding tax procedures

The European Commission has released its much anticipated proposal on streamlining withholding tax procedures. The proposal for a Directive on the “Faster and Safer Relief of Excess Withholding Taxes” (or the “FASTER”...more

The global minimum tax rate: Are we nearly there yet?

On 20 December 2021, the OECD published keenly awaited model rules designed to implement Pillar Two of its ambitious plans to reform international taxation. ...more

Covid-19 coronavirus: commercial papers in the ECB pandemic emergency purchase programmme of 750 billion euros

In order to deal with the economic emergency resulting from the spread of the Covid-19 coronavirus, the European Central Bank ("ECB") has announced a temporary programme for the purchase of financial instruments amounting to...more

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