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A commercial entrepreneur who applies national accounting standards has the possibility to operate a revaluation of its industrial property assets in the 2013 balance sheet.
An article in the 2014 State Budget Act aims at fostering the modernisation or construction of sports facilities by simplifying the relevant administrative procedures and by foreseeing innovative funding.
Over the past four years, China has strongly intensified its efforts to promote the internationalisation of the RMB (CNY).
The Italian Revenue Agency has clarified that to be excluded from the scope of ‘abuse of rights’ are the agreements relating to mid- to long-term bank financing transactions entered into abroad and designed to have legal effect in Italy.
On 2 April 2013, the Italian Antitrust Authority published the new turnover thresholds.