According to the Italian Supreme Court the letter of dismissal/firing delivered to an employee by the employer has to include with a high level of accuracy facts that are considered a severe violation of disciplinary duties.

Starting from July 1st 2013 Croatia joined the European Union, becoming the 28th Member State.

With regards to goods in process within the EU, several are aspects that enterprises and manufacturers should consider to correctly frame the operations for VAT.

A tax allowance for hiring at indefinite time has been introduced, but at the same time the allowance foreseen in cases of hiring of long-time unemployed people has been revoked.

The Ministry of Economy Decree, effective from February 24th, has modified the list of territories with a privileged tax regimen, excluding San Marino.

With the Ministry Decree dated 12.12.2011, published on the Official Gazette no. 291 dated 15.12.2011, the legal interest rate, stated by article 1284 of the Italian Civil Code.

Article 16, paragraph 16, of the Law Decree no. 185 dated November 29th 2008, states that Companies and other Legal Entities have to communicate to the Companies Registrar, their certified e-mail address.

With Ministry Decree dated 12.12.2013, published on the Official Gazette on 13.12.2013 nr. 292, the legal interest rate set by article 1284 of the Italian Civil Code has been decreased from 2,5% to 1% on a year basis.

Turning in to Law the Law Decree dated August 13th 2011 no. 138 (so called "Mid-August Measure"), has introduced new rules for VAT.

The European Court of Justice has confirmed that in case of missed physical introduction of the goods in a VAT consignment, VAT at importation is not due if the same has already been paid.

With the measure of the Italian Tax Authority dated December 22nd 2010, a new digital communication has been introduced in the Italian regulatory system.

The Law Decree no. 201 dated December 6th 2011, the so-called "Monti’s measure", includes some news for:

With this Update we analyse the most important changes made to the corporate shares and share capital rules.

Article 13-ter of the Law Decree nr. 83 dated June 22nd 2012, converted into the Law nr. 134 dated August 7th 2012, has modified again the tax discipline of the joint liability between customer, contractor and subcontractor originally set by article 35 of the Law Decree nr. 233 dated June 7th 2006.

The Law Decree no. 138 dated 13.8.2011 (so called "Mid-August measure"), effective from 13.8.2011, has been converted into the Law n. 148 dated 14.9.2011 effective from 17.9.2011.

The Law Decree nr. 201/2011 converted into the Law nr. 214/2011 has modified rules to deduct the Italian Regional Tax from corporate incomes.

The Italian Social Security Authority (INPS), with its Circular Message no. 71 dated May 4th 2011, has clarified the application of penalties foreseen by article 39 of the Employment Law, with reference to the missed payment of withholding taxes and social security contribution on self-employment income by the purchaser.

The Law no. 220 dated December 13th 2010, so called "stability law" has introduced some news for employment and social security rules.

Approaching the deadline to use/pay to employees annual leaves and days-off matured and not used.

The declaration of the new holiday on March 17th, under the 150th anniversary of the Italian unification, and the coincidence of April 25th (Liberation's Day) with the Easter Monday, outline some issues related to the economic treatment to be recognized to employees.