Vatican City

On 23 September 2026, the Italian National Institute for Social Security (INPS) completed the operational framework for the “Stabilization Incentive” (Incentivo alla stabilizzazione), a flagship measure introduced by the 2023 Labor Decree (Decreto Lavoro) to encourage the conversion of fixed-term contracts into permanent employment. Authored by Marzio Scaglioni and Silvia Capobianco, the Newsalert details the

On 22 September 2026, the Taddei family sold a majority stake in Bossong S.p.A., a leading Italian manufacturer of anchoring systems for construction and infrastructure, to Bilontec Industrial, a portfolio company of a private equity fund. PwC Legal Italy acted as lead legal and tax advisor to the acquirer, managing the full acquisition process including

As of 21 September 2026, the Italian Revenue Agency (Agenzia delle Entrate) continues its extensive verification campaign targeting COVID-19 emergency state aid distributed between 2020 and 2022. The PwC Tax Incentives & Grants Team warns that the control dossier remains open, with the tax authority actively auditing compliance with eligibility requirements, calculation accuracy, and the

Effective from 18 September 2026, Legislative Decree No. 148/2026 (the so-called “Omnibus Correction”) introduces significant amendments to the tax treatment of company cars provided to employees for mixed business and private use (uso promiscuo). Authored by Marzio Scaglioni and Silvia Capobianco, the Newsalert explains that the decree modifies the calculation of the taxable fringe benefit