As from 26 May 2021, VAT downward variation notices are to be proposed as from the moment the supplier is subject to insolvency proceedings, no longer at their end. In accordance with the VAT rules, when an invoice is issued, the tax must be paid. If the tax or the taxable amount subsequently varies, the taxpayer may use the instrument of...

Food, culture, history and... slow trials: this is what we are famous for abroad. The expression 'Italian Torpedo', in private international law, refers to the act of bringing a case before a court in a country that suffers from long delays in judicial proceedings, such as Italy, in order to delay the resolution of the dispute in possible...