23.072021

Inland Revenue: tax relief for professional footballers

In its answer to question no. 447/2021, the Inland Revenue examined the question raised by an Italian football club playing in the top league, which asked for clarifications on the requirements and application scope of the special regime for repatriated workers applied to professional sportsmen. The company hires its players under employment contracts governed by…

28.062021

Smart working and expenses reimbursement: the Inland Revenue’s opinion (Andrea Di Nino, Sintesi – Ordine dei Consulenti del Lavoro, June 2021)

In several answers to questions, the Italian Inland Revenue has expressed its opinion on the tax treatment of sums paid as reimbursement of expenses to smart working employees. Notably, there were three answers to the question at hand – i.e. no. 314/2021, no. 328/2021 and no. 371/2021. The tax authority reviewed the legislation that defines…

28.062021

Fixed-term contracts during the emergency: INL’s clarifications

The severe repercussions for the economy and employment relationships caused by the Covid-19 epidemic emergency have made it necessary to introduce specific provisions on fixed-term contracts. These measures are mainly exceptions to the regulatory provisions under Decree-Law 87/2018 ( Dignity Decree) to encourage open-ended contracts, it has profoundly redefined fixed-term contracts by introducing specific reasons…

03.062021

Performance bonus tax relief: objective recalculations based on the pandemic (Corriere delle Paghe de Il Sole 24 Ore, 3 giugno 2021 – Andrea Di Nino, Antonello Gerardi)

The Inland Revenue, in its answer to question no. 270/2021, returned to express an opinion on the favourable tax regime reserved for the performance bonus (“PDR”) paid following a specific trade union agreement and consisting of applying a 10% rate, replacing IRPEF and the relevant regional and municipal surtaxes to the taxable amount of such…

31.052021

Discount cards for employees, the reason why it does not produce taxable income: the Inland Revenue’s opinion (Agendadigitale.eu, 31 May 2021 – Nunzio Lena, Andrea Di Nino)

in Labour

The Inland Revenue was asked to express its opinion following a question submitted by a retail clothing company that entrusts production to third parties. The company believes it is essential to involve its employees in the sales of marketed products. Accordingly, it undertook a series of initiatives involving staff to strengthen its brand and market…

17.052021

INPS clarifications for the Post Brexit Separation

With Circular 71 of 27 April last, INPS implemented the agreement on trade between the European Union, the United Kingdom and Northern Ireland published in the Official Journal of the European Union on 31 December 2020. Pending its examination by the European Parliament, the acceding countries have agreed to apply the agreement provisionally from 1…

06.052021

Non-competition agreement: tax and social security profiles (Corriere delle Paghe de Il Sole 24 Ore, 6 May 2021 – Roberta De Felice, Andrea Di Nino)

Article 2125 of the Civil Code defines a non-competition agreement as restricting “the employee’s activities, after contract termination.” The agreement is a valuable tool for the parties to mutually govern fundamental aspects of employment relationship termination in some circumstances (for example, for high professionalism and specialisation). This agreement restricts the employee’s right to carry out…