Recent Italian legislation (Legislative Decree No. 19/2023) has updated the rules for international scissione to align with EU directives on cross-border mobility. 2. Fiscal: Scissione dei Pagamenti (Split Payment)
In a business context, scissione is a corporate restructuring operation where a company transfers all or part of its assets and liabilities to one or more existing or newly formed companies. Scissione
In the Italian tax system, (Split Payment) is a VAT mechanism used primarily in transactions with public administrations or listed companies. Recent Italian legislation (Legislative Decree No
The original company continues to exist but spins off a portion of its assets/liabilities to another entity. Fiscal: Scissione dei Pagamenti (Split Payment) In a
The Italian term translates to "split," "division," or "severance." Depending on the context, it refers to significant structural changes in business, law, politics, or psychology. 1. Corporate and Legal: Demergers (Corporate Law)
A specific type of demerger where shares of the new entity are assigned directly to the transferring company rather than its shareholders.