Plenary meeting of Financial Directors, Tax Experts, Corporate Lawyers and other SEV members on the new draft bill on company transformations

The meeting was held on 7th November 2018 with the participation of the Secretary General for Commerce and Consumer Protection and members of the competent legislative drafting committee.
The purpose of the meeting was to inform SEV members in detail on the various legal and tax aspects arising from the new draft bill on company transformations (conversions, mergers and acquisitions).
The new legislative incentive, long needed by the market, is destined to simplify procedures, strike out existing ambiguities, deficiencies and conflicts between the company and tax law provisions that led to the creation of the phenomenon of «arbitrary» transformations.
The Secretary General for Commerce and Consumer Protection and members of the competent legislative drafting committee elaborated and explained in depth the new provisions and amendments, while experts representing SEV members had the chance to emphasize on pending issues such as the harmonization with the relevant tax provisions.