Droit de la consommation - PGC

eAlerts Récentes

•  

  06/08/2024

  Hongrie

  EU Commission finetunes the Foreign Subsidies Regulation: insights into the latest Guidance

  On 26 July 2024, the European Commission released a staff working document that clarifies the Commission’s substantive test under the Foreign Subsidies Regulation (FSR). This document serves as a valuable supplementary resource to FSR case-law and provides insight into how the Commission will conduct FSR assessments. Although this document is not binding, it may also prove highly beneficial for companies in evaluating and managing FSR risks.What are FSR procedures?The preamble to the FSR states that existing EU instruments do not address distortions caused by foreign aid, prompting the Commission...

  Lire la suite
•  

  26/07/2024

  Italie

  Ruling no. 148/2024: tax exemption for dividends and capital gains realized by foreign funds - requirements

  The Italian Tax Authority (“ITA”), with the ruling no. 148/2024 published on July 11, 2024, confirms the application of the exemption regime - introduced by Article 1, paragraph 633, Law No. 178/2020 ("Budget Law 2021") - for Italian source dividends as well as capital gains deriving from the disposal of qualified participations realized by foreign investment funds, as better defined below.First of all, it should be recalled that the aforementioned Budget Law 2021 introduced the exemption regime for Italian-source income, consisting of dividends and capital gains (or capital losses)...

  Lire la suite
•  

  25/07/2024

  International

  EU anti-dumping investigations of Chinese glyoxylic acid imports

  On 25 July 2024, the EU opened an anti-dumping investigation concerning EU imports of glyoxylic acid originating in the People’s Republic of China, which could lead to substantial anti-dumping duties on future imports.The product under investigation for alleged dumping is glyoxylic acid (Chemical Abstracts Service (CAS) Number 298-12-4), of a purity of at least 95 % by dry weight, whether in solid form or as an aqueous solution with a concentration by weight higher than 40 % thereof.The product under investigation is currently classified under CN code ex 2918 30 00 (TARIC code 2918...

  Lire la suite
•  

  21/06/2024

  Italy

  Italian Supreme Court Upholds OECD Transfer Pricing Rules

  The decisions of the Italian Supreme Court nos. 10577/2024 and 10499/2024 (concerning the same case for corporate income tax and regional income tax purposes) confirm important principles regarding transfer pricing transactions between associated companies.Firstly, the approach taken in the previous decision of the Italian Supreme Court no. 15668/2022 (available here) is confirmed with regard to the relevance of the arm’s length principle set forth by Article 9 of the OECD Model Tax Convention and included in Article 110, par. 7 of the Italian Income Tax Code.Moreover, the principle that,...

  Lire la suite
•  

  24/05/2024

  Europe

  EU anti-dumping investigations for Chinese lysine and vanillin imports

  On 23 May 2024, the EU opened an anti-dumping investigation concerning EU imports of lysine originating in the People’s Republic of China, which could lead to substantial anti-dumping duties on future imports.On 24 May 2024, the EU opened another anti-dumping investigation concerning EU imports of vanillin originating in the People’s Republic of China, which could lead to substantial anti-dumping duties on future imports.Lysine investigationThe products under investigation for alleged dumping are “lysine and its esters, salts thereof, and feed additives, consisting...

  Lire la suite
•  

  22/05/2024

  Italy

  Digital nomad tax insights

  The new visa for digital nomads might become a particularly interesting option for workers who may benefit from the so called “impatriate” tax regime following their relocation to Italy. The Decree of February 29, 2024, in force since April 5th, has established the entry and residence permit issuance procedures for "digital nomads" and "remote workers".The provisions apply to non-EU citizens who perform highly skilled work using technological tools that allow remote work; more specifically this definition refers to self-employed foreign workers (digital nomads) or foreign employees...

  Lire la suite