07.03.2022

Ukraine Crisis: Sanctions

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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04.03.2022

Post-pandemic Smart Working; the guidelines of the Protocol of 7 December 2021

On 7 December 2021, on the initiative of the Ministry of Labour and Social Policies, the major Employers’ Associations and Unions signed the National Protocol on Agile Work. The purpose of the document…

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15.02.2022

The holistic way to sustainability

ADVANT Nctm, one of Italy's leading independent law firms, offers its clients an interdisciplinary ESG path to support business “The ESG and sustainable finance regulation is complex and requires a…

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15.02.2022

On-line quoting and comparison platforms: OAM to soon issue clarification

Introduction Last 12 January the Italian authority supervising credit brokers and financial agents (“OAM” – “Organismo Agenti e Mediatori”) launched a public consultation on a draft Interpretative…

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24.01.2022

Salary-backed loans ("cessione del quinto") in the latest instructions from the Bank of Italy

Introduction Salary-backed loans or pension-backed loans ("CQS/CQP") [1] – originally regulated by Presidential Decree No. 180 of 5 January 1950 – have been, over time, the subject-matter of numerous…

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18.01.2022

Virtual meetings of corporate bodies (also after the Covid emergency): maxim No. 200/2021 of the Board of Notaries of Milan

INTRODUCTION In order to deal with the state of emergency related to the spread of the COVID-19 virus (extended, as of today, until 31 March 2022), Italian lawmakers have adopted a series of rules…

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14.01.2022

The institutional knot between shell companies and interpellation between preclusions and "disapplication" opportunities

Abstract The orders of the Supreme Court nos. 24060, 24667 and 26219 of 2021 offer the opportunity to retrace two fundamental junctures in the evolution of the tax rules on shell companies: the first,…

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09.12.2021

Listing Act: EU Commission consultation to achieve simplification for SMEs

Preamble Last 19 November the European Commission launched a public consultation [1] in order to assess possible changes to the reference regulatory framework for companies listed on regulated…

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23.11.2021

Progressive transformations penalise the super Aid for Economic Growth

The case is that of a progressive transformation from partnership to corporation (but the following considerations are equally valid in the opposite case), resulting in the application of a different tax…

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17.11.2021

Conflicts in international intra-group economic relations. Transfer pricing aspects

The Milan Provincial Tax Commission, in its decisions No. 1138/2/2020 of 17 January 2020 and No. 1207/2/21 of 18 December 2020, ruled inter alia on the relevance of intra-group discounts in transfer…

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11.11.2021

LegalSoftech, a technological joint venture between La Scala and ADVANT Nctm, is born

ADVANT Nctm and La Scala Società tra Avvocati have set up LegalSoftech, a 50/50 joint venture that brings together the skills and technological resources of the two firms to ensure IT development,…

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10.11.2021

Negotiated composition with creditors and simplified concordato (law-decree No. 118/2021): a «counter-reform» ?

Negotiated composition with creditors and simplified concordato (law-decree No. 118/2021): a «counter-reform» ?   Si tratta quindi di nuovi strumenti che (insieme a misure premiali relative ai debiti…

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