New tax law protects companies investing in Italy
Among the many new provisions recently added to the Italian statute books by the new "Growth and Internationalization Decree" (Legislative Decree 147/2015), one of the most interesting is a new tax provision for companies that invest in Italy.
The new law was passed in response to investors’ demands for greater clarity on the tax ramifications of planned long-term investments. Thanks to the new procedure, companies can now ask the Italian Tax Authority to provide a prior opinion on their plans to invest in the Country.
For more details, please find a brief paper on the new tax ruling procedure preprared by MGI Member firm MGI De-Leone-Triunfo-Galloni based in Milan, Italy.
New Tax Ruling Proceedure (PDF) DOWNLOAD HERE
To contact MGI De-Leone-Triunfo-Galloni go to the firms profile page here.