07.02.2023

2023 Budget Law: Substitute taxation on undistributed earnings from blacklisted companies

According to 2023 Budget Law, profit and non-distributed profit reserves accrued by foreign participated company, benefitting from a preferential tax regimes, can voluntarily be subject to a reduced…

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03.02.2023

The main tax changes in 2023 Budget Law on self-employed, employed and similar work

With the recent approval of Law No. 197 of 29 December 2022 (“2023 Budget Law”), a number of important measures relating to the taxation of self-employed, employed and similar work have been introduced…

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30.01.2023

European Commission launches public consultation on draft guidelines on application of exclusion from Article 101 TFEU for sustainability agreements in agriculture

On 10 January 2023, the European Commission launched a new public consultation on the draft guidelines on sustainability agreements in agriculture (available at the following link) that are to be adopted…

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16.01.2023

Our business proposition is a high-level service, with an international and quality approach, yet with domestic market prices

Paolo Montironi is one of the most recognized and appreciated business lawyers on the Italian scene. Together with Alberto Toffoletto and Negri-Clementi, he founded Nctm in 2000, today part of ADVANT, the…

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13.01.2023

ADVANT Nctm strengthens its Public Law and Procurement Department

ADVANT Nctm strengthens its structure with the entry of two professionals into the Public Law and Procurement Department. Federica Villa, Senior Counsel, and Francesco Follieri, Of Counsel, will join…

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11.01.2023

Ukraine crisis – Sanctions (update 10 January 2023)

This memorandum is not intended to be exhaustive and has the sole purpose of providing a preliminary overview of the sanctions imposed, and in the process of being imposed, against Russia, with a…

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19.12.2022

The new adequacy decision to simplify data transfers to the US

With the new adequacy decision of the European Commission, the transfer of personal data to the US will soon undergo significant and important developments. As in the best Netflix series, we start with…

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09.12.2022

Mar and SME Growth Markets: EU regolation on liquidity contracts published

On 18 October 2022, Delegated Regulation (EU) 1959/2022 adopted by the European Commission on 13 July 2022 (“Regulation”) was published in the Official Journal of the European Union and came into effect…

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02.11.2022

Single booking of a flight divided into multiple legs: what is the place of performance of the obligation in question?

By its judgment issued on 3 February 2022 in case C-20/21[1], the Court of Justice of the European Union (the  “Court”) once again ruled on the identification of the “place of performance” of the…

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02.11.2022

New developments in transportation: from the reform of freight-forwarding contracts to limitation of liability in multimodal transport, from “fuel surcharge” clauses to exemption from payment of the ART contribution for road haulage companies

The beginning of this year saw several interventions of the lawmaker in the transport field. The most significant step addressed freight forwarding contracts, whose discipline under the Italian Civil…

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02.11.2022

Grants for intermodal freight transport: the Friuli-Venezia Giulia region’s experience

By Decision C(2022) 1427 final of 3 March 2022 (hereinafter, the “Decision”), the European Commission approved a state aid scheme[1] aimed at promoting the shift of freight traffic from road to rail or…

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02.11.2022

Annual law for the market and competition approved: what changes for the port world?

The annual law for the market and competition of 2021[1] (“Legge Concorrenza 2021”) has been approved as a result of a long legislative procedure that, as is known, experienced some slowdowns due to the…

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