LED Taxand assisted Worldline in performing tax due diligence on acquisition of 80%
Law Decree No. 73 of May 25, 2021, published in the Official Gazette No. 123 of May 25, 2021, (so called “Sostegni-Bis Decree”) introduces an exemption on capital gains
Article 19 of Law Decree no. 73/2021 (Sostegni bis Decree) introduced a tax incentive
Article 110 of Law Decree 104/2020 introduced the possibility for Italian GAAP companies to
Capital gains deriving from the disposal of shares held in a subsidiary are subject to 1.2% CIT
Article 31-octies Law Decree 137/2020 (Decreto Ristori) added
Taxpayers involved in international transactions can conclude agreements with the Italian Tax Authorities
Exceptionally and provisionally, for the application of paragraphs 1 and 4 of Article 15