Focus Alert

Il decreto legge n. 83/2015 (c.d. anti credit crunch), recante misure urgenti in materia fallimentare, civile e processuale civile e di organizzazione e funzionamento dell’amministrazione giudiziaria (G.U. n. 147 del 27 giugno 2015), introduce, tra l’altro, delle...

Italy and Trust. Since 1992, when the Hague Convention was ratified, Italy has been very active on trusts.  Several official interpretation and guidelines affecting trusts have been issued by the Italian Inland Revenue (“Agenzia delle Entrate”) since 2007, on both direct (i.e. circular 48/E/2007) and indirect taxation (i.e. circular 3/E/2008).