The Supreme Court clarifies the social security basis in case of assignment to a foreign Country

Italian employees hired by foreign companies with a local contract must carefully evaluate the social security obligations which vary according to the country where the employee is hired. In such circumstances, a distinction must be made between: EU countries, countries adopting EU legislation via specific agreements with the European Union countries with which Italy has entered into full Totalization Agreements: the employee is required to pay contributions in the host country as per the local…

The social security position in Italy for inbound employees is becoming more important for multinational companies. In fact, the presence of a Totalization Agreement with Italy may risult in keeping the contribution of the employee in the country of origin, with an obligation for the foreign company to pay social security in Italy or minor contributions. In both cases, it is necessary to open a social security position in Italy in the name and on…

October 30, 2017 The Italian Social Security Authority, with Circular Letter No. 154 of October 25, 2017, provides instructions on changes and additions to the bilateral Totalization Agreement between Italy and Canada, which entered into force on 1 October, with particular reference to: – determination and uniqueness of the applicable legislation – assignments – pension benefits – health controls in order to grant disability benefits – family benefits for pensioners – economic benefits for tuberculosis…

30 ottobre 2017 L’INPS, con la Circolare n. 154 del 25 ottobre 2017, fornisce le istruzioni relative alle modifiche e alle integrazioni all’Accordo bilaterale di sicurezza sociale tra Italia e Canada entrato in vigore lo scorso 1 ottobre, con particolare riferimento a: determinazione e unicità della legislazione applicabile distacco di personale prestazioni pensionistiche accertamenti sanitari finalizzati alla concessione delle prestazioni di invalidità prestazioni familiari per i titolari di pensione prestazioni economiche per tubercolosi Limitatamente ai…

June 16, 2016 The Italian tax authority has just released Memorandum n. 28/E commenting on the news introduced by 2016 Stability Law regarding tax advantages on salary premiums and on the implementation of welfare plans for the benefit of companies and employees, with the opportunity to obtain substantial tax and cost savings. For any further information, please contact us.

March 25, 2016 The Italian Supreme Court has released Judgment n. 4482/2016 stating that the inheritance tax is due in the measure of 8% when the Trust is self-declared (i.e. when the settlor appoints himself as a trustee and beneficiary). The Judgment is consistent with the guidelines already provided by the Italian Tax Authority in several Memoranda. For any further information feel free to contact us.