(Oct. 22, 2020) On March 16, 2020, the Italian Supreme Court of Cassation issued Decision No. 10098 on the legal consequences of tax inversion (esterovestizione), which is the relocation abroad of the residence of a person or company in order to enjoy a more advantageous tax regime. Confirming its precedent, the Court held that the […]
Topic: Capital gains tax, Corporate income tax, Income tax, Tax avoidance, Territorial tax system
Jurisdiction: Italy
Author: Dante Figueroa
(Dec. 13, 2018) The Israel Tax Authority (ITA) has recently notified hundreds of Israelis it has identified as receiving income from cryptocurrency that they are required to report on their transactions in bitcoin and other cryptocurrency. The ITA does not consider cryptocurrency as currency but rather as assets subject to property tax at a rate […]
Topic: Capital gains tax, Commerce, Cryptocurrency, Tax avoidance, Taxation
Jurisdiction: Israel
Author: Ruth Levush
