In its order No. 21693 of October 8, 2020, the Italian Supreme Court examined certain issues concerning the existence of an Italian permanent establishment of a Panamanian company and the attribution of profits thereto for corporate income tax purposes. The Supreme Court set aside the decision of the Tax Court of Appeals and sent the case back to a different chamber thereof, affirming four principles to be followed by the latter judge. The present contribution critically analyzes the Supreme Court’s order and discusses how the Italian provisions dealing with the existence of, and the attribution of profits to, a permanent establishment should be construed, in particular where some of the activities carried out in Italy by the non-resident enterprise appears to be of a preparatory or auxiliary character.
|Numero di pagine||12|
|Rivista||RIVISTA DI DIRITTO TRIBUTARIO|
|Stato di pubblicazione||Pubblicato - 2020|
- non-resident enterprises
- permanent establishment