The tax treatment of companies managers’ extraordinary remuneration: between opportunities and risks

The tax treatment of extraordinary remuneration paid (in cash and/or in nature) to the companies managers, in addition to the ordinary remuneration, established for the performance of their duties, frequently presents issues of not immediate solution, mostly related to the, as well varied, legal framework of such payments, which are typically subject to the fulfillment…

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Covid-19 and the reporting obligations introducted by the code of company distress and insolvency

As the COVID-19 epidemic is expanding, in order to help enterprises to (or, however, limit the damages caused by) the consequent economic crisis, our Government fixed a six months adjournment for the entry into force of the reporting obligations set by the new Code of Company Distress and Insolvency. For bankrupt prevention purposes, Articles 14…

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COVID-19 and Firm’s practice

The Coronavirus emergency is affecting hardly on everyone’s life, radically changing our living and working habits. Our Firm fully shares the prevention measures for the best protection of the health of its clients, staff and professionals, and for this reason, since two weeks ago we have been abolishing the simultaneous presence in the office, meetings…

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Client’s obligation of control over payment of withholding taxes in the case of contracts with prevalent use of labour

The Law Decree n. 124/2014, as amended by the conversion Law n. 157/2019, aiming to contrast the unfortunately widespread phenomenon of use of illegal labour supply, has introduced significant innovations, effective from 1st January 2020, with reference to contracts providing the prevalent use of labour. In particular, such innovations affect obligations on Italian fiscal resident…

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Indirect taxation of trust

Recent jurisprudential contributions in the field of trusts require us to carry out a further analysis of the fiscal discipline applicable to that institution, in the light of the consolidated orientation, which seems to have contributed to an epochal change of direction compared to the past, opening up a more incentive tax regime. As we…

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