The countdown has begun for all SME interested in their internationalization through the non-refundable Italian State grant. The “Extraordinary Promotion Plan for the Made in Italy” is worth 26 million euros: the Ministry will assign this amount in on a first come first served basis until financial resources are extinguished.
The Italian government spreads the opportunity to extinguish – without interest or penalties – the registry charges for fiscal purposes including local taxes and NHSS contributions : hence the tax payers have prolonged terms to file for the application for settlement.
With the formal exchange of the Government’s approvals, eventually the international treaty to avoid double taxation is in force between the two countries. Such new treaty substitute the previous international agreement executed in 1977 – with signing in Bucarest, subsequently ratified in Italy with the Law no. 680 – 18th October, 1978.
During the next weeks the Italian Parliament will start to discuss the Stability Law for 2018, for which a first draft, containing a few interesting points regarding labour issues, has already been published.
The Comprehensive Economic and Trade Agreement (CETA) established between the European Union and Canada provisionally became Law on 21st September. This agreement provides a significant reduction in customs duties between the two trading areas and improves the access for companies in these two areas.
In a legal dispute between a German company and its distributor, the Advocat General Mr. Whal at the EU Court of Justice stated that the sale of luxury goods can be reserved to a selective distribution without breaching the EU competition rules.
Amongst the rights of shareholders, who represent at least one-third of the share capital, there is that of submitting certain arguments directly to the shareholders (ex Art. 2479, paragraph 1, Italian Civil Code), as well as the right to convene also the meeting to discuss those same arguments.
Within the recent legislative reform of the Italian Criminal Code and Criminal Procedure Code [“Reati, torna il concordato in appello” – Il sole 24 ore del 3 luglio 2017 ] the former legal mean known as “plea bargaining in Appeal” has been reintroduced with the new article 599 bis of the criminal procedure code as “agreement on the grounds of Appeal”.