Italy (August 2019)
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Sponsored by ChiomentiItaly’s Supreme Court has issued a controversial decision on the requirements necessary to benefit from withholding tax (WHT) exemptions on profits distributed to companies resident in other EU member states. Chiomenti’s Paolo Giacometti and Raul-Angelo Papotti discuss what this means for the Parent-Subsidiary Directive.
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Sponsored by BonelliEredeAndrea Silvestri, partner, and Paolo Ronca, associate, at BonelliErede explain the key amendments to Italy’s controlled foreign corporation (CFC) rules that have been introduced to align the country’s laws to the EU’s Anti-Tax Avoidance Directive (ATAD).