Intelligence

The now-withdrawn proposal to sell 20% of the World Cup’s commercial rights to private investors has reopened a structural question: can a single body be both the governing body and the organizer of the competition?

Il progetto di riforma introduce nuove regole per la responsabilità degli enti e i modelli organizzativi.

The Italian flat tax regime for high net worth individuals offers significant benefits, but many overlook a crucial financial planning opportunity involving UK pensions. By strategically converting UK pension pots into investment portfolios while under the flat tax regime, HNW individuals can potentially eliminate future progressive income tax liabilities and create more tax-efficient income streams.

The Italian Revenue Agency has issued a significant ruling clarifying that VAT exemption and customs duty relief for personal property imported during a transfer of residence to the EU may apply even when assets are held through foreign corporate vehicles. This guidance addresses critical questions about possession requirements and asset use for high-net-worth individuals relocating to Italy with pleasure yachts and other personal assets.

The Italian Tax Authority has issued new clarifications on corporate welfare plans, addressing key questions about education expense reimbursements and family care support. These rulings establish important guidelines for employers regarding tax treatment of welfare benefits, including provisions for elderly care and documentation requirements to prevent double tax benefits.

ADVANT Nctm's digital compliance and technology practice explores the evolving intersection of artificial intelligence, data protection, and regulatory frameworks. From the Italian Data Protection Authority's latest...