Italy enacts VAT measures in 2016 budget law

  • By A&S
  • January 15, 2016
  • News

The Italian Parliament has passed and published its 2016 budget law (Law n. 208 of December 28, 2015), which includes new measures regarding VAT in Italy as from January 1, 2016. The new VAT measures include: Extending the reverse-charge mechanism to services rendered to a consortium by its members…

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Italy publishes instructions and clarifications on patent box regime

  • By A&S
  • January 7, 2016
  • News

The Italian Revenue Agency (IRA) has published instructions (Prot. N. 2015/154278) (Instructions) for applying the Patent Box regime as well as the first circular letter (n. 36/E of December 1, 2015) (Circular) with important clarifications. The Patent Box regime is an elective tax regime that grants a 50 %…

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Italy publishes implementation rules for the new patent box regime

  • By A&S
  • October 22, 2015
  • News

On October 20, 2015, a public notice on a Ministerial Decree, issued by the Ministry of Economic Development and the Ministry of Economy and Finance, was published, enacting implemention rules for the patent box regime introduced by Law No. 190 in December 2014. Under the new patent box regime,…

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