Scambio di Informazioni Fiscali: l’UE verso il Differimento della DAC 6

Alla luce delle difficoltà che le imprese e numerosi Stati membri stanno affrontando nella crisi da Covid-19, la Commissione europea ha deciso di proporre il rinvio di alcuni termini per il deposito e lo scambio di informazioni ai sensi della direttiva sulla cooperazione amministrativa (DAC2 e DAC6).
In particolare, con riferimento alla DAC 6, la Commissione ha specificato che il termine per l’inizio dell’attività di reporting fissato - per il 1° luglio 2020 - rimarrà invariato, ma gli Stati membri potranno beneficiare di tre mesi supplementari per lo scambio di informazioni. Conseguentemente, i reportable arrangements relativi ai mesi di differimento dovranno essere comunicati una volta terminato il rinvio.

Pubblicato su: Ipsoa - 18 maggio 2020

Scarica

Mobility Monday’s - Transfer Pricing, How Costs of Employees is Born and Cross Charged

Tax issues and global mobility go hand in hand. There can be tax matters for the employee and for the employer. The corporate tax implications (tax matters that relate to the employer entities) are generally less well understood in the world of Mobility/HR, than the payroll and employee and employer issues.

Within the corporate tax area is transfer pricing. In the context of employee mobility, this is an area that concerns itself with how the cost of employees is borne and cross charged within a group. Mobility often has to work in partnership with finance and tax departments around this issue.

Pubblicato su: Mobility Mondays - Crowe UK

Scarica

International Tax Dispute Resolution: New EU Rules

lnternational tax disputes arise, in principle, where

1. there is a bilateral or multilateral treaty for the avoidance of double taxation (hereinafter "Double Tax Convention" or "DTC") or an equivalent instrument and

2. the contracting jurisdictions exercise their taxing power in a manner resulting in violation of its provisions.

In addition, such disputes can also arise without violation of the DTC (including equivalent instruments), if there  is disagreement or uncertainty in relation to the correct application of its provisions. In a nutshell, international tax disputes can arise, if there is a framework agreed between two or more jurisdictions regarding the exercise of their taxing power in cases involving both of them (in principle in a DTC).

In their vast majority, existing DTCs previde for the resolution of the above disputes through the so-called mutuai agreement procedure or MAP, following the respective provisions of the OECD Model Tax Convention (hereinafter the "OECD Model"). MAP aims at dispute resolution through agreement between  the national tax authorities involved, on the basis of dialogue and cooperation, following request by the taxpayer affected.

Pubblicato su: IAFEI Quarterly (43rd Issue) - 11 aprile 2019

Scarica (In Inglese)

Consulenti Fiscali: 10 Priorità per Migliorare il Sistema Fiscale Globale

Il 12 settembre 2018 è stata firmata la Dichiarazione di Ulaanbaatar, emessa dalla Global Tax Advisers Platform (GTAP), la piattaforma internazionale che rappresenta più di 600.000 consulenti in Europa, Asia e Africa e che persegue l’obiettivo di contribuire alla creazione di un sistema fiscale globale equo ed efficiente. La Dichiarazione individua 10 priorità necessarie per migliorare il sistema fiscale nazionale ed internazionale, nonché la cooperazione internazionale tra i consulenti fiscali: si va dal proporre idee per la creazione di un nuovo sistema che restituisca fiducia al contribuente, alla messa a disposizione degli operatori del settore di strumenti e conoscenze per affrontare la nuova era digitale.

Pubblicato su: Ipsoa - 29 settembre 2018

Scarica

Mandatory Electronic Invoicing: Are You Ready?

The Italian Revenue Agency has provided clarifications and practical guidance on the issuance, receipt and preservation of electronic invoices through various rulings.

The Italian Budget Law 2018 provided that both companies and individuals liable to VAT must issue and receive electronic invoices when they supply goods or services to Italian tax residents. The obligation enters into force on January 1 2019. However, it already applies to the supply of gas and petrol as motor fuel as of July 1 2018.

Pubblicato su: TP Week - 2 August 2018

Scarica (In Inglese)

Country-by-Country Reporting Finally Arrives in Italy

Pubblicato su: TPWeek

In February 2017, the Italian Ministry for Finance issued the long-awaited ministerial decree for the implementation of country-by-country reporting (CbCR) in Italy – Ministerial Decree No. 23 of February 23 2017. Antonella Della Rovere and Filipa Correia of Valente Associati GEB Partners discuss the implications.

Scarica (In Inglese)

Automatic Information Exchange Comes to Italy

Pubblicato su: TP Week

In December 2016, the Italian Council of Ministers presented to Parliament the Draft Legislative Decree for the implementation of Directive 2015/2376/EU.
The decree sets out automatic exchange of information in the field of taxation, in particular with respect to advance cross-border rulings and advance pricing agreements (APAs).

Scarica (In Inglese)

Italy’s Anti-BEPS Struggles

Pubblicato su: TP Week

The OECD-recommended measures to counter tax evasion have been integrated in the language routinely used by tax advisers, businessmen and by other interested parties as well.
Without implementation however, it would be much ado about nothing.

Scarica (In Inglese)

A Experiência Da Multidisciplinaridade Em Itália

Pubblicato su “Advocatus Magazine” (Giugno 2016)

É portuguesa, nascida e licenciada no Porto, mas é em Itália que a carreira de Filipa Correia na advocacia está a ser construída.
Um mercado muito competitivo, que se diferencia do português desde logo pela existência de multidisciplinaridade. Assim é na Valente Associati GEB Partners, de que é sócia e responsável pela área de prática de Fiscal.

Scarica (In Portoghese)

Transfer Pricing Audits: Approach by Italian Tax Authorities

Within Europe, policies have been developed to enable the free circulation of people, goods and services. Alongside this, steps have been made towards greater interconnection between the tax systems of different countries.

Scarica (In Inglese)

BEPS - What Are We Headed For?

With the BEPS (Base Erosion and Profit Shifting) project nearing its completion, it is time for the private sector and Stakeholders in general to get ready for the expected changes, whatever they will be.
We have entered into an era grounded on tax transparency, multilateral cooperation and information exchange.
In this scenario, Multinationals need not only warrant their “global consistency”, but should also understand their business environment, and be aware of any international tax development (at domestic/international level); they should also be able to have a good grasp of global trends (multilateral cooperation), while anticipating and assessing potential risk areas (and such transactions that tax authorities may be targeting), so as to avoid or limit tax audits and tax disputes, especially because tax disputes and tax audits are most likely to increase, after BEPS’ measures implementation.

Published in IAFEI e-Journal August 2015 Transition Issue No. 2

Scarica (in inglese)