Luca Cerioni: Italian reform of exit taxes – reforma italiana de los impuestos de salida

Italian reform of exit taxes – reforma italiana de los impuestos de salida

PhotoBefore the amendment, which was made at the start of 2012, an Italian business transferring its tax residence was subject to exit tax liability at the time of the transfer, because he was deemed to have “realized” (thus, sold) the assets, except for those of its assets that were conferred to an Italian permanent establishment.

After the National Grid Indus ruling, the Italian legislator, in order to prevent an infringement procedure by the Commission, changed the legislation, by introducing paragraph 2-quarter in Art. 166 of the Presidential Decree 917/1986: those businesses that move the tax residence to an EU country, or EEA country (with whom Italy has entered into an agreement for securing an assistance in tax recovery comparable to that offered by Directive 2010/24/EU), are allowed to require the tax liability resulting from the “realization” of the assets to be “suspended according to the principles established by the ECJ in National Grid”. Therefore, exit tax will only be paid at the later time of actual realization of the assets.

Luca Cerioni

“Ricercatore in diritto tributario” (“Lecturer in Tax Law”) at Università Politecnica delle Marche

Antes de la reforma, que tuvo lugar a comienzos de 2012, una empresa italiana que trasladara su residencia al extranjero se sometía a gravamen por considerase que dicho traslado equivalía una enajenación de sus activos, exceptuando aquellos que quedasen afectos a un establecimiento permanente en Italia.

Tras la sentencia National Grid Indus el legislador italiano decidió evitar que la Comisión iniciara un procedimiento de infracción modificó la normativa introduciendo un nuevo párrafo en el art. 166 del Decreto Presidencial 917/1986. De este modo, aquellas empresas que trasladen su residencia a otro Estado miembro de la UE o del Espacio Económico Europeo pueden aplazar el pago con arreglo a los principios de la Sentencia National Grid.

Luca Cerioni

“Ricercatore in diritto tributario” (“Lecturer in Tax Law”) at Università Politecnica delle Marche

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s