Giving the most recent measures taken by Member States affected by the Coronavirus, practical arrangements relating to the exercise of a professional activity are disrupted.

In this context, we have contacted the competent authorities and received the confirmation that the generalized homeworking will not be taken into account for the determination of the applicable social security scheme (EU Regulation nr. 883/2004). The reference period goes from March 13, 2020 to April 5, 2020.

This position applies to both employees and self-employed persons.

ADDITIONAL TAX MEASURES TO FACE CORONAVIRUS

The Tax Authorities have recently taken additional measures regarding filing and payment obligations to enable businesses to overcome financial difficulties that would be encountered as a result of the spread of the Coronavirus.

Tax Consult has developed significantly since its creation and continues to grow.  In this context, also considering your expectations and our operational needs, we are pleased to announce the formation by Tax Consult SA of two subsidiaries:

Tax Consult Accountancy & Advisory srl (TC A & A)

&

Tax Consult HR Tax & International Mobility srl (TC HR Tax & IM)

Since May 1, 2019, the new Code of Companies and Associations (CCA) has been in force. For existing companies and associations, the law provides for a transitional period until 01/01/2024, unless they have opted to amend their bylaws before that date.

However, from 1^st January 2020, a few mandatory measures of the CCA will automatically apply to all companies and associations, even if their bylaws have not yet been adapted to the new CCA. Any statutory clause in conflict with these mandatory requirements shall be considered unwritten from that date.