Economy

Business practices on the Internet: the regulatory and legal

The Internet has now established itself as an essential tool for global trade and as an extraordinary means of dissemination of commercial communications and advertising.

The most recent research (1) show a continuing trend of development of the online advertising phenomenon, so much so that in 2008 is expected to grow by 40% compared to last year, with a turnover in Italy intended to touch a record $ 1 billion euro.

In particular, it is expected that 7% of the advertising budget is intended to be invested in the network, while in 2010 the proportion will be waiting in the order of 10%.

Paper vs. Internet Advertising: Outlook

2011 will see the final passing of online advertising on that paper. This trend was anything but unexpected, given the ever increasing use of the internet for information and entertainment, a rather unfortunate news for newspapers and magazines, after decades of subjection to the cathode ray tube, were seen to give the coup de grace from the network.

The first cuts on print advertising in favor of the internet began in 2005 with an increase of 31.5% of adverts online. While the global market of advertising has undergone general cuts of nearly 50% over the past six years, online advertising has maintained its steady growth estimates, reaching parity with the printed version this year.

What is it and how to feature the redditometro?

The redditometro will kick off in March 2011, but how does this new tool to fight tax evasion?

First, each taxpayer will be placed in one of the thirty classes available based on the amount of your income and other factors. To award the taxpayer to one of the classes will be provided for a specific software capable of combining subjective data, spatial data and the ability to pay of the subject, and then compare them with a reference sample. The same software also will compute the coefficients in an analytical way that enhance the position of the taxpayer.

Online processes: electronic experimentation tax process

The computerization of the State is yet another step forward: the company signed a memorandum of understanding between different agencies (including the Inland Revenue and the Council of the Tax Justice) to start the trial of the so-called "tax process electronic ".

In practice, the basic idea is the one for which both the tax authority (whether tax agency, a municipality or a region) that the taxpayer can submit their claims and defenses, as well as the memories and documentation to support , via the web, and, increasingly electronically, will be notified of the judgment to the parties.

Course will be essential to have a certified e-mail address.

What is the spesometro?

A measure of the Inland Revenue has today set at 3,600 Euros, including VAT, the roof over which triggered the 'obligation to report electronically to the tax authorities of the relevant transactions for VAT purposes. A long-awaited decision, implementing the changes introduced by the summer maneuver by art. 21 of Decree 78 of 2010. A grip that covers a wide audience of taxpayers, businesses, professionals and even end consumers. Since the first part of next January the registration requirement for transactions carried out by Iva, while the electronic transmission of data to the tax authorities must be made by 30 April of the following year. In the focus of the tax then all transactions between businesses, between businesses and various professionals over the value of € 3,600 inclusive of VAT, or an amount equal to or greater than 3,000 Euros net of VAT in cases of special regimes minimum.

 

Use of statistical tools: redditometro sector studies

When the statements are incomplete or infidels, or perhaps have been omitted altogether, enter the field increasingly complex statistical tools that the Financial Administration refines year after year to rebuild the tax evasion.

Are the two most notorious: the sector studies for the so-called "people of VAT" and the redditometro for private citizens. But so far it was still separate instruments, speech today is changing. 

Guide to the subsidized regime for new initiatives - Part 2

Once all the requirements, what are the benefits of membership to the "forfettino"?

First, it is not an obligation to keep accounts: it will therefore be sufficient to issue all the bills and maintain records of purchase, but no need to record anything.

Second, the tax is calculated only once a year, in the statement. It is therefore not an obligation of all liquidations and interim payments, including the deposit of December.

Guide to the subsidized regime for new initiatives - Part 1

The introduction of the Finance Bill last year accounting regime facilitated for minimum taxpayers (the so-called "forfettone," of which so much has been spoken) has prompted the legislature to wipe out several facilitative regimes existing in truth had a very little success, to replace them with the new regime when the former Minister Padoa Schioppa has focused firmly.

There is only one existing subsidized regime that has survived the zeroing of 2007: This is the so-called "forfettino", ie the accounting regime facilitated for new business initiatives and self-employment in our legal system introduced by art. 13 of L. 388/2000.

How much are the penalties for late payment of tax

The non-payment or late payment of taxes resulting from tax return involves the application of a penalty equal to 30%, which must then be added the legal interest of 1% until 31 December 2010 and 1, 50% from 1 January 2011.

E ', however, will be a reduced penalty in case the payment is made within thirty days of expiration. In this case, the penalty is equal to 2.5% of the amount due plus interest earned up to that point.

Mode expense deduction lunches and dinners

Deductions for business lunches and dinners compete the recovery of VAT only in the event that it is working lunches, or at the expense of advertising and propaganda, and not if the costs are configured such expenses.

As regards, therefore, working lunches, ie meetings with retailers in the performance of the ratio of concessions; meetings with customers (potential or actual) for the activity of promoting the sale, dating advice, l ' tax is deductible because they are costs inherent in the business activity, and if the costs are among those representing the non-deductibility continues.

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