The National Tax Consolidation
The Legislative Decree 12 December 2003 n. 344 entitled “Reform of corporate income tax”, issued in compliance with article 4 of the delegated law no. 7 and published in the SO no. 2003 / L to the Official Gazette no. 80 of 190 December 291 (the Decree), introduced significant changes on the methods of determining the income of companies starting from the tax period starting after 16. This circular is intended to provide a first overview of the new rules with reference to the particular discipline of the so-called “National Tax Consolidation”, also in view of the imminent expiry of the term to be able to benefit from it.
Subsequently, also following the desired ministerial clarifications, the most delicate problems of this institution will be examined in depth, with particular reference to extraordinary events (such as mergers, divisions, etc.).
Read more