Post a comment
Print articleItalian Tax Authorities Clarify that UK Banks and Other Non Medium-- EU Banks Do Not Qualify for the Withholding Tax Exemption on Interest and other Proceeds from Long term Loans
December, 2021 - Fabio Chiarenza, Francesca Staffieri
With answer to ruling no. 839 of 21 December 2021 (the Ruling 839/2021), the Italian Tax Authorities (ITA) clarify that credit institutions established in the United Kingdom (UK) cannot benefit from the withholding tax exemption on interest and other proceeds from medium-long term loans provided for by Article 26, para. 5-bis, of Presidential Decree no. 600/1973 (the Decree 600/1973).
https://www.gop.it/doc_pubblicazioni/935_qrpnmu9tzy_ita.pdf
https://www.gop.it/doc_pubblicazioni/935_qrpnmu9tzy_ita.pdf
