Interim financial statements and adequate organisational structures: the systemic impact of the new OIC 30

by A&P, Francesco Carlo Vancini, Fabrizio Ricci | 20 Jun, 2026 | Publications

A contribution published in Bilancio, vigilanza e controlli no. 6/2026 examines the role of interim financial statements prepared under the new OIC 30 within the framework of adequate organisational, administrative and accounting structures. In addition to updating...

Registration tax on shareholder loans referred to in a demerger deed

by A&P, Fabrizio Ricci | 18 Jun, 2026 | Publications

Italian Supreme Court order no. 17920/2026 confirms that a shareholder loan referred to in a demerger deed is subject to proportional registration tax. The ruling reiterates that the requirement concerning the identity of the parties must be interpreted broadly and...

Failure to file an income tax return: foreign tax credit available where a double taxation treaty applies

by A&P, Matteo Aicardi | 11 Jun, 2026 | Publications

Italian Supreme Court order no. 16134/2026 clarifies that, where a double taxation treaty requires Italy to eliminate double taxation, the foreign tax credit cannot be denied solely because the taxpayer failed to file an income tax return or to report the...

Inheritance tax exemption and estate co-ownership: control cannot be established by combining jointly held and individually owned interests

by A&P, Fabrizio Ricci | 10 Jun, 2026 | Publications

Italian Revenue Agency Ruling No. 109/2026 clarifies that, for the purposes of the inheritance and gift tax exemption, shareholdings transferred mortis causa and held jointly by the heirs cannot be combined with interests already owned individually by them in order to...

Approval timing for financial statements in distressed companies

by A&P, Achille Mazzanti | 10 Jun, 2026 | Publications

A contribution published in Bilancio, vigilanza e controlli no. 5/2026 examines the timing for the approval of financial statements in distressed companies, focusing on the relationship between statutory deadlines, the going concern assumption and the quality of...