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The Italian VAT reform on personnel secondment

On 18 February 2025, the Italian Revenue Agency issued Ruling n. 38/2025 (the "Ruling"), commenting the enactment of the Decree-Law No. 131 of 16 September 2024 ("Decreto salva infrazioni" – converted into Law No. 166 of 14...more

Doing business in Italy 2023

This booklet has been written specifically for business individuals and whilst it may be of interest to their local advisers, such as lawyers or accountants, the information is intended for a wider audience. We cover topics...more

Real estate securitisations: guidance by Italian tax authorities on the applicable tax treatment

With ruling No. 132 of 2 March 2021 (the “Ruling”), the Italian Tax Authorities (“ITA”) provided clarifications on the tax regime applicable to real estate special purpose companies (the “RE SPVs”) carrying out securitisation...more

Withholding tax exemption on dividends and capital gains for non-resident investment funds

The 2021 Italian Budget Law aligns the tax treatment applicable to EU investment funds with the tax treatment applicable to Italian investment funds....more

Italian Government repeals money transfer tax

The Italian Government repealed the tax, introduced in 2018, on money remittances outside EU executed through payment institutions....more

Covid-19 emergency measures affecting clients' duty to verify withholding taxes

Article 4 of Decree Law no. 124 of 26 October 2019 introduced as from 1 January 2020 - for all clients of contracts for the supply of services, including those with consortium's members, sub-contracts and "contractual...more

The new Digital Service Tax has entered into force in Italy

With the approval of Law 27 December 2019, no. 160 (the Budget Law), the Italian digital services tax (the DST), initially provided by Law 30 December 2018, no. 145, has finally come into force, being effective as of 1...more

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