argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: E.U. law - violation - activities held abroad

On 12 December 2019, the AIDC filed complaint no. 14 to the European Commission for the violation of European Union law by the Revenue Agency and Italy through the legislation concerning the annual reporting obligations for investments and activities held abroad “Tax monitoring”, in to what extent is this legislation capable of deterring investment in other Member States. Specifically, the Commission for the examination of the compatibility of Italian tax laws and practices with the European Union law of the AIDC section of Milan presented the complaint considering that the national rules regarding the monitoring of activities held abroad is in conflict with the Treaty on the Functioning of the European Union. Tax monitoring obligations conflict with the principle of freedom of capital movements and that of freedom of movement for workers, insofar as they require information already known to the Italian tax authorities to be included in the tax return thanks to the automatic exchange of information.