News from the Law Decree nr. 83 dated June 22nd 2012 converted into the Law nr. 134 dated August 7th 2012.

With a recent ruling the European Court of Justice has stated that goods’ warehousing services can be included in those pertaining buildings when a specified portion of the of the warehouse is allocated to the exclusive use of the purchaser.

The proof of the exportation is given by the message "exit result" that the Custom Office sends to the exporter to be registered in the data base of the Customs Informative System.

The Legislative Decree 175/2014 has been published on the Italian Official Gazette nr. n. 277/2014, bringing the first important fiscal simplifications foreseen by the Law 23/2014.

The awareness of gifts by enterprises and professionals represents an usual habit, particularly under festivities and anniversaries.

The national law receiving the EU Directive nr. 2010/45 has extended the obligation of invoicing to exchanges not subject to VAT for lack of the territorial principle.

The Italian Tax Agency has recently disclosed its approach on the elements that sellers have available to prove the actual physical transfer of goods to the member state of the purchaser.

The Law Decree dated 6.12.2011 no. 201, so called "Monti’s measure", reduced the limit for allowed cash payments, for "transferrable" or "free" cheques, and bank bearer cheques books from Euro 2.500,00 to Euro 1.000,00.

Art. 31 of the Law Decree n. 78 date May 31st 2010 converted into Law no. 122 dated July 30th 2010 has foreseen, starting from January 1st 2011, tax credits' off-sets, in payment forms F24, under the presence of delinquent court-ordered tax debts exceeding the amount of Euro 1.500,00 if their payment deadline has expired

Law no. 220 date December 13th 2010 constitutes the Stability Law 2011 (former known as Financial Bill), effective from January 1st 2011.

The Law Decree nr. 145 dated 23 December 2013, containing "Urgent measures to start the plan "Destination Italy", has been published on the Official Gazette nr. 300 dated December 23rd 2013.

The so called "European Community Law 2010" has modified the criterion to identify the exact moment when VAT becomes due for services.

Article 19 of the Law Decree no. 201 dated 6.12.2011 converted into the Law dated 22.12.2011 no. 214, called "Monti’s Decree", has introduced:

The constant attention of the Italian Tax Administration for exchanges made with operators established in the so called "black-listed" countries and the difficulty, for the tax payer, to obtain the disapplication of the rules enforcing the non-deductibility of those costs, make the discipline foreseen by article 110, paragraph 10 of the Republic Presidential Decree nr. 917 dated December 22nd 1986 a recurrent theme of tax assessments and particularly sensitive for those companies working with fo

A summary of the procedures and fulfilments compulsory for those exchanges made in the "interim" period crossing the date of admittance.

Starting from January 1st 2013 new rules affecting article 21 of the Italian Republic Presidential Decree nr. 633/1972 (know also as VAT General Law) have been enforced for the invoicing procedure.