Tag: 69 – LATEST NEWS & INSIGHTS 27 October 2023
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ARE YOU THE “BENEFICIAL OWNER” OF YOUR COMPANY? FIND OUT HOW AND WHEN TO NOTIFY THE REGISTER OF BENEFICIAL OWNERS
By the deadline of 11 December 2023, all corporations, private legal entities, trusts and trust-like legal entities will have to communicate to the territorially competent Chamber of Commerce the data and information relating to their “beneficial owners”. The notion of “beneficial owner” has become part of our legal system driven by anti-money laundering laws and…
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NEW TAX RESIDENCE DEFINITION FOR ITALIAN INDIVIDUALS AND LEGAL ENTITIES
October 16th, 2023, the Italian Council of Ministers approved, in a preliminary way, a legislative decree implementing the tax reform on international taxation. Two provisions of the decree entail the review of the notion of tax residence applicable to individuals, companies and other legal entities. The new definition shall finally align the domestic tax rules…
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MODELS 231: THE JUSTICE DECREE INTERVENES ON ARTICLES 24 AND 25-OCTIES.1 OF LEGISLATIVE DECREE 231 BY EXTENDING THE CATALOGUE OF ‘PREDICATE OFFENCES’ FOR THE LIABILITY OF ENTITIES
On 9 October 2023, Law no. 137 was published in the Official Gazette, converting with amendments Decree-Law no. 105 of 10 August 2023, which, among other things, implemented a new extension of the catalogue of ‘predicate offences’ for the liability of entities for offences, regulated by Legislative Decree no. 231/2001. In particular, the legislator, by…
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THE UNAVAILABILITY OF THE DAMAGED CAR AND VEHICLE DOWNTIME: WHAT ARE THE RULES FOR DAMAGE COMPENSATION?
Damage from vehicle downtime is that damage resulting from the unavailability of a vehicle during repairs in a workshop; its compensation is not in re ipsa but follows precise rules that should be followed when instituting proceedings before the judicial authority. In the event of a traffic accident or, simply, a vehicle breakdown, the owner…
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NEW RULES FOR HIRING EUROPEAN WORKERS IN THE UNITED KINGDOM AFTER BREXIT
The decision of the United Kingdom (UK) to permanently leave the European Union (EU) from 2021 onwards has made it significantly more complicated for European citizens to work in the UK and for UK employers themselves to hire them. As the UK is no longer part of the EU, and the principle of European law…