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The use of vouchers is constantly increasing on the market, as it makes it easier for consumers to access goods without using cash. With Directive 2016/1065 dated 27 June 2016 the Council of the EU recognised the need to introduce specific norms on the VAT treatment of vouchers throughout the EU and set forth new provisions aimed at regulating their circulation and redemption. The new common norms, which must be implemented in the domestic legislation, do not differ significantly from the standpoint of the Italian Tax Authorities over the years.

The budget bill for 2017, within the “Industry 4.0” strategy, will renew those provisions allowing “super-amortization”, and introduce “hyper-amortisation” for some specific capital goods, in order to incentivize the technological update of Italian businesses, their competition on domestic and international market and, more generally, economic recovery.

Competition for students is increasing, as traditional countries targeted for students grow their domestic capability and US HEIs ramp up their recruitment drive. Understanding the underlying factors driving students’ choices will help HEIs align their recruitment activities and attract the top students.

Giulio Tedeschi, Partner at Bernoni Grant Thornton and Contract Professor of Best practice methodology with the Department of Economics at Università Cattolica in Milan, collaborated in drafting the volume “Il bilancio di esercizio: profili aziendali, giuridici e principi contabili” (Financial Statements: corporate and legal issues and accounting principles), by Prof. Angelo Palma, published by Giuffrè. In particular, he authored chapter XII: “from operating income to taxable income”.

Gianni Bitetti will participate as speaker and coordinator at a conference on Transfer Pricing and the preparation of domestic TP documentation organised by the Milan Roll of Chartered Accountants

Yoroi, a leading Italian cyber security services provider, is glad to announce to have entered into a commercial partnership agreement with Grant Thornton Financial Advisory Services, a company operating in the advisory services industry.

On November 4 ADM International Service Srl, our company dedicated to outsourcing, changed its name to Grant Thornton Operations Srl

The article analyses a reverse merger operation from an accounting, corporate and tax perspective. The analysis will also consider the implications related to the regulation on tax consolidation and to circular letter no. 6/E dated 30 March 2016 on leveraged buyout.

Changes introduced with the provision on the regularization of tax bills

When reorganizing groups, the management is called to ponder both organizational and business reasons for restructuring without forgetting tax implications whose impact might radically change the operation profitability.

The International Business Report shows that in Italy, 72% of businesses say they have not changed their businesses approach to taxation, while only 14% of businesses have taken measures in line with the OECD programme.

The Italian draft Budget Law for 2017 provides for the introduction in the domestic legislation of VAT grouping schemes.

Enrico Cimpanelli speaks at a conference on corporate frauds and the role of supervisory bodies

New white list: effects on taxation of financial revenue

The future of Asia Pacific: opportunity knocks if regional challenges can be overcome

To successfully implement the changes needed, a change in the profile of bank employees is also needed. Besides the technological innovations there are a series of regulatory innovations. Control and compliance functions are increasingly important, but the organisational challenge is the most difficult as it will also imply staff layoffs.