Insurance sector and cybersecurity: IVASS publishes initial instructions for implementing DORA -
Regulation (EU) 2022/2554, known as the Digital Operational Resilience Act (DORA), came into force on 17 January 2025,...more
12/11/2025
/ Cybersecurity ,
Digital Operational Resilience Act (DORA) ,
EIOPA ,
EU ,
Financial Services Industry ,
Insurtech ,
New Regulations ,
Regulatory Reform ,
Regulatory Requirements ,
Reinsurance ,
Tax Liability
With Ruling No. 286 of 5 November 2025, the Italian Revenue Agency clarified the withholding tax obligations introduced in 2024, which now also apply to insurance agents. The case concerned a Belgian insurance and reinsurance...more
The VAT Directive – implemented in Italy through the VAT Decree – provides for the exemption of services, including transport and related operations, when they are directly connected with the export or import of goods. This...more
11/11/2025
/ Cross-Border Transactions ,
Customs ,
EU ,
EU Directive ,
Exports ,
International Tax Issues ,
International Trade ,
Italy ,
New Legislation ,
Subcontractors ,
Supply Chain ,
Tax Exemptions ,
Taxation ,
Transportation Industry ,
Value-Added Tax (VAT)
Starting from January 2025, staff secondments are subject to VAT even where limited to the mere reimbursement of costs, provided that the relevant payment received qualifies as consideration for a supply of services. This...more
Company belonging to Euro 750 Mio Group, will pay DST regardless of their digital service turnover in Italy. ...more
2/5/2025
/ Corporate Taxes ,
Digital Services ,
Income Taxes ,
International Tax Issues ,
Italy ,
Reporting Requirements ,
Tax Credits ,
Tax Liability ,
Tax Planning ,
Tax Reform ,
Value-Added Tax (VAT)