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
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
2023 is set to be a year of change for the global tax landscape. After many years of negotiation, development and consultation, implementation of the OECD’s Pillar One and Pillar Two reforms to international taxation is now...more
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
New ruling by the Italian tax authorities on favourable tax regime applicable to real estate securitization transactions....more
The amendment is included in a first draft of the Italian Budget Law for 2021 to be discussed by the Italian Parliament during the next month....more
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