Finance Law 2007/3: Non-operating companies
This circular continues the analysis of the main innovations introduced by Law 296 of 27 December 2006 concerning "Provisions for the preparation of the annual and multi-year financial statements of the State" (hereinafter Financial), published on the same date in the Gazette Journal # 299.
The rules relating to the discipline of shell companies will be analyzed here, also in the light of the circular letters of the Revenue Agency n. 5 and n. 11, of 2 and 16 February 2007 respectively, and of our circular no. 10 of 5 October 2006, to which reference should be made for further clarifications.
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