On August 7, 2024 the Italian Council of Ministers approved a law-decree that introduced, inter alia, an increase from Euro 100,00.00 to Euro 200,000.00 of the yearly substitute tax on foreign-sourced income and foreign assets held by individuals.

With decision no. 22608/2024, the Italian Court of Cassation confirms the deductibility of VAT on transaction costs incurred by the SPV in the context of merger leveraged buy-out (MLBO) transactions.

With Ruling no. 172 dated August 20, 2024, the Italian Tax Authority clarifies that interest expenses due in connection with higher taxes resulting that become due as a result of a tax settlements are fully deductible.

After the first year of enforcing Regulation (EU) 2022/2560 on foreign subsidies distorting the internal market (the "FSR"), the European Commission has published a document...

Law No.21 of March 5, 2024 (published on March 12, 2024 and effective from March 27, 2024 – "Law 21/2024") introduces significant innovations to the regime of investment companies...

In data 12 marzo 2024 la Banca d'Italia – a conclusione del processo avviato in data 27 luglio 2023 in cui ha posto in consultazione il "Documento di consultazione sulle disposizioni...

The Directive on Corporate Sustainability Due Diligence (the 'Directive') was published in the Official Journal of the European Union last Friday, 5 July.

Swap agreements entered into by Italian local authorities remain the subject matter of litigation before the English courts, with some interesting outcomes that deserve the attention of anyone involved in Italy-UK...

Upon the entry into force of the major employment law reform known as "Fornero Reform" (Law 28 June 2012, no. 92), the Italian employment law system experienced significant changes, from both a substantive and procedural law perspective.

Starting as from September 1, 2024, new regulations regarding tax administrative penalties introduced by Decree No. 87 of June 14, 2024 ("Decree"), have officially come into effect.

Venture Capital Comparative Guide for the jurisdiction of Italy, check out our comparative guides section to compare across multiple countries