Blog

01
Nov 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

Italy will benefit the most from EU-US trade pact

Italy stands to be one of the countries that will benefit the most from new EU-US trade pact called the Transatlantic Trade and Investment Partnership (TTIP).   The TTIP is a trade deal in which Italy stands to be the “biggest potential beneficiary”, says Pascal Lamy, the former director-general of the World Trade Organization (WTO). Italy, being the third largest exporter in the EU (after Germany and France) would benefit greatly from a free trade deal which... READ MORE
01
Nov 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

The FATCA agreement will also extend to Italian taxpayers

We already know FATCA (Foreign Account Tax Compliance Act), the US law issued in 2010, with the aim to prevent US taxpayers who are investing through foreign financial intermediaries from tax evasion.  In 2014 the US signed the agreement with the Italian government and extended it to American taxpayers (citizens or US residents) carrying out investments in Italy. The authorities are proceeding so that the agreement becomes bilateral.  Banks, trust companies,... READ MORE
01
Nov 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

Incoterms Rules turn 80

The most commonly used tools for the international trade, the Incoterms (International Commercial Terms) Rules of the International Chamber of Commerce turn 80! The first edition of the “International rules for the interpretation of trade terms” was published in 1936 indicating 11 terms, and the obligations of the seller and the buyer regarding goods’ delivery in international trade. It was the result of years of information-collecting by the ICC... READ MORE


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