On Avvenire an interesting article by Maurizio Carucci on the brain drain in Italy and on the recent decree that introduced various facilities to encourage the return of Italians working abroad.
According to data provided by Aire, as of 1 January 2023, almost 6 million Italians reside abroad. The reasons for this trend include the challenges in finding work, the limited availability of job opportunities offered by companies and the high cost of renting.

Always more often multinational companies that do not have headquarters in Italy find themselves in the situation where workers request the possibility to work remotely in countries different from those where they were hired.

In recent years, the phenomenon of remote working (or smart working) has been constantly growing.

Adnkronos: "Brain drain? Between tax benefits and salary levels experts compare on expat return'

With the publication in the Official Gazette No. 236 on October 9, 2023, the decree from the Ministry of Enterprises and Made in Italy (MIMIT) dated September 29, 2023, has made the Register of Ultimate Beneficial Owners operational. The initial communications must be made by December 11, 2023.

If your business makes cross- border sales of goods on the web to private customers in the EU, or you operate an online platform through which businesses can sell goods cross-border to private EU customers, you should know that the rules for charging value added tax (VAT) changed dramatically from 1 July this year.
 
 

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Stating July 1st, there is a main change that will affect VAT entities operating in the e-commerce sector - namely the abolition of the current reference thresholds for determining the VAT territoriality of distance sales.
 

Just a matter of days before the transition agreement expired at the end of 2020, a ‘Trading & Co-operation Agreement’ (TCA) was reached between the UK government and the European Commission.
The agreement will govern the UK/EU economic and trading relationship into the future.
The complete document runs to over 1,200 pages, so we have pulled out the essential points to save you the trouble.

The impact of a pandemic crisis for International Tax Practitioners, Multinational Groups and Tax Administrations

Moore Global latest transfer pricing technical insight on the residual profit split method and its new acceptance in Europe related to platform concepts.
 

Recent years have witnessed a quickening pace of globalisation and a concomitant increase in cross-border business. This has consequently had an impact on transfer pricing, particularly within the Eurozone.
To navigate these changes, read the latest European Transfer Pricing Brief from our global leaders.
 

The coronavirus pandemic (COVID-19) has fast become the defining global health crisis of our time and the greatest challenge to almost all entities, either directly or indirectly. There are significant disruptions to global supply chains, suspension, or in worst cases cessation of many business operations, significant volatility and downturn in financial, commodity and energy markets, unemployment or furloughs, and as a result all industries are facing unavoidable challenges associated with the economic conditions resulting from control measures and restrictions taken by respective governments to limit the spread of the virus.
 

On 1 January 2020, “VAT News” which wish to simplify intra-EU when transactions will become operative.

Moore Global appreciates the work that has been carried out by the OECD in this area to date and welcomes the opportunity to provide its comments and views on the complex area presented.