Incentives to Italian SMEs for renewable energy production
The Ministry of Enterprise and Made In Italy has earmarked 320 million euros for the new Measure to support SMEs’ investments in self-production of energy from renewable sources. WHO ARE THE BENEFICIARIES?Italian micro, small and medium-sized enterprises. WHAT DO YOU FINANCE?Investments aimed at self-generation of electricit
The tax treatment of gifts
We propose a summary of the treatment for direct tax, VAT and IRAP purposes of goods given free of charge to customers and employees as well as business dinners, receptions and vouchers, the so-called “vouchers.” Attached is the explanatory circular. Download the attachment
Secondment of staff subject to VAT for contracts since 2025
Art. 16-ter of Decree Law 131/2024 (converted into Law 166/2024) repealed the rule that provided for the exclusion from VAT for personnel loans or secondments (Art. 8 co. 35 of Law 67/88). Attached is the explanatory circular on the subject. Download the attachment
Bonus Transition 5.0: the correct wording on documents
With reference to Bonus Transition 5.0 We would like to remind you that, for the purposes of subsequent audits, those who benefit from the measure are required to keep documentation proving the incurrence of the subsidized costs and their correct determination. In particular, invoices, transport documents and other documents relat
The Tax Reform
The Tax Reform, with Legislative Decree. 87/2024, changed the penalty discipline for violations committed on or after September 1, 2024. Attached, in outline form, are the main changes made in the area of penalties and voluntary repentance. Sanctions Aggravated repayment
Accounting standard OIC 34
In relation to the issues that the new accounting standard OIC 34 on revenue presents, we propose in the annex, schematically, the main features and case histories that need to be addressed in order to comply with this new accounting discipline. Download the attachment
