Category Archives: News

The Provincial Tax Court of Bergamo upheld the appeal lodged by an Italian limited company operating in the construction sector, duly assisted by the Firm, regarding the use of the tax-deferred reserve, not paid, established following the tax realignment of the assets. In particular, following a reverse merger, the incorporating limited company, in accordance with accounting principles, used the aforementioned reserve, with a different reclassification, to reconstitute its equity in the same quantitative terms that would have occurred in the event of a direct merger. The Revenue Agency deemed the aforementioned use taxable. Read More

The Supreme Court upheld the appeal of Domina, duly assisted by the Firm, regarding the criteria for determination of the income of an Italian permanent establishment of the Egyptian company belonging to the group, active in developing tourist properties. The Supreme Justices, adhering to the constitutionally oriented interpretation proposed by the defence team, stated that, also in relation to permanent establishments, the reconstruction of the taxable income must be carried out net of all production costs, allowing a reconstruction that is also inductive/presumptive. Read More