Susan Sarandon, the renowned American actress, has the potential to obtain Italian citizenship by descent iure sanguinis through her maternal lineage. In fact, as the actress states in an interview with Il Fatto, Sarandon’s mother was born in Ragusa, Sicily, before immigrating to the United States. Despite being born in 1946, Sarandon could potentially beRead more

Tax credits provided for the construction sector involve the deduction of up to 110 percent Italy of taxes. Credit trade or invoice discount can be requested by Italian citizens residing abroad as well as by foreigners, whether or not resident in Italy, who own a property in Italy for residential use, i.e. which is not used forRead more

Formalized international contracts and economic relationships between companies involved in international commercial exchanges are not set in stone. Even when businesses are already operating between a foreign company and an Italian company, any international pacts and agreements signed may vary according to unexpected events. Some of those events might have to do with the increaseRead more

The general rule to our understanding of corporate double taxation and capital income is: Dividends due to the foreign company are paid to the company and may be additionally taxed in Italy on the tax on capital paid abroad.  Dividends of natural persons would be paid to the current accounts of natural persons resident inRead more

Lawyers dealing with international carriage come across numerous cases where ADR mediation becomes relevant to resolve conflicts originating in international transport contracts or intermodal international carriage contracts. The main characteristic of international carriage of goods is the fact that the subjects involved have different functions and duties to fulfil. Besides the parties, the contract alsoRead more

Here are the main aspects of international carriage of goods by road. Sender’s rights, consignee’s rights, carrier’s responsibilities, limitations. The Geneva Convention regulates international carriage of goods by road. The main points of the convention are the goods and the places they are carried from and received. Domicile and citizenship are not relevant, whether itRead more

The most common cases of carrier liability are: theft of goods; delay in delivery; damage or deterioration; loss or failure to deliver. Carrier liability: international consignment note or CMR in road transport According to the rules of the Geneva Convention regulating international transport, the transporter is liable for the goods carried in case of: delayRead more

We have already described the new Code of Corporate Crisis for the management of companies’ in this link about the New Bankruptcy and Insolvency Law. What’s more, the reasons behind the approval and promulgation of the so-called reform of bankruptcy law have been thoroughly explained in Corporate Credit Consultancy Lawyer Domenico Damiani’s video interview. However, itRead more