Category archive - Uncategorized

ITALIAN SUCCESSION TAXES

ITALIAN SUCCESSION TAXES

If you have Italian relatives, you could be the beneficiary of the inheritance. Inheritance claims involving Italian properties are currently subject to two taxes, i.e., Estate Tax and Property Transfer Tax.
Estate Tax
If the deceased was resident in Italy, Italian Inheritance Tax (Imposta sulle Successioni) is applied to all the assets worldwide belonging to the deceased. Otherwise in case of a non resident, the Italian Inheritance Tax rate is calculated on the assets located in Italy. The Estate Tax applies to the entire net value of the left estate, including movable and immovable assets. This amount is net of liabilities and all deductible expenses, such as debts of the deceased, medical and funeral expenses. The assets involved in the inheritance procedure are immovable properties, companies, shares/holdings, credits, money deposited in a bank account.
There are different rates which are applied to each heir according to the degree of kinship to the deceased, as follows:
- For spouses and children it is 4% of the estate value, with an allowance of EUR 1 million for each beneficiary.
- For siblings and close relatives (up to fourth degree of kinship) it is 6%. Each sibling is enttitled to an allowance of EUR 100,000.
- For any other subject it is 8%, without allowance.                                                               Property Transfer Tax
When one or more Italian properties are left, the succession is subject also to the property inheritance transfer taxes which are 3% of the property value on record.
The said taxes are the following:
1. Mortgage Tax (“Imposta Ipotecaria”) that is 2% of the property value on record or € 168 if the property will be the main house (“prima casa”) of the beneficiary.
2. Cadastral Tax (“Imposta Catastale”) that is 1% of the property value on record or € 168 if the property will be the main house (“prima casa”) of the beneficiary.
For further information about inheritance in Italy, please contact Annino Law Firm.   avv.annino@libero.it
Paola Isabella – Gianfranco Annino
Lawyers


Medical malpractice

Medical malpractice

There is a rising incidence of accusations of malpractice related to the death or injury of patients. More and more often, when deaths occur in hospitals, family members lodge charges against unknown persons for the assessment of “any” criminal responsibility borne by the health workers (doctors and nurses). In so doing the Public Prosecutor is obliged to become involved, which usually leads to the seizure of medical records, the acquisition of the relevant work shifts and a series of notices of technical guarantee related to the unrepeatable findings of the post mortem carried out on the body. This is done, in order to ascertain the cause of death, any liability (so-called medical negligence) and / or non-compliance with operational diagnostic and therapeutic protocols. The tendency of the offices of attorney is to send collective legal communications to all the doctors and nurses involved in the relevant shifts that have negative consequences on both the personnel and on public opinion as soon as information is released, regardless of their professionalism, the name of the hospital suffers disrepute. Especially considering that in practice these are complex processes that last for many years and often result in all or part of the health professionals involved being acquitted. These problems particularly appertain to departments where there is greater risk such as surgery and especially in emergency rooms where there is major exposure to trauma and to diseases with serious consequences. Certainly the constitutional right to safeguard health must be protected, but it is also essential to avoid discrediting medical professionals, if the Public Prosecutors paid a little attention to the avoidance of sending legal communications of a collective nature.


Rachel Corrie 10 Years: the Person and the Continuing Struggle

Rachel Corrie 10 Years: the Person and the Continuing Struggle

In Memoriam
Rachel Corrie
Olympia, 10.04.1979 – Rafah, 16.03.2003
10 YEARS LATER – REMEMBER RACHEL CORRIE AND ACT!

Saturday, March 16th, the Rachel Corrie Foundation will mark the 10th anniversary of Rachel’s stand in Gaza. It has been an extraordinary, challenging ten-year journey for our organization, for the Corrie family, and for those in our community and beyond who have worked tirelessly for justice and peace in Palestine and Israel, in the world, and at home.
Here in Olympia, we have plans for a Stand for Justice Rally, speakers, music, dance, food, reflection, remembrance, and community!
This dynamic weekend of events will be a kick-off to a year of Peace Works events. We encourage you to participate in the kick-off by completing at least one action from our Call to Action.
Now, we call on you – individuals, organizations, and communities – to join us in these actions and with your own creative, solidarity events or observances!
Rachel Corrie wrote,
“The international media and our government are not going to tell us that we are effective, important, justified in our work, courageous, intelligent, valuable. We have to do that for each other, and one way we can do that is by continuing our work, visibly.”
Let’s use this March anniversary as an opportunity to make some noise and be visible in our support for equal rights for Palestinians, accountability and justice, and an end to Israeli occupation!
Let’s remember, act, and celebrate together – how we (like Rachel) have stood this past decade for justice, freedom, equality, and peace in the Middle East and beyond – and let’s think together about how we move ahead to make freedom for Palestine a reality.
From: rachelcorriefoundation.org
(Safe guarding human rights – Law Firm Annino – Avv. Gianfranco Annino – Rome, Italy)


Business Proposals For Italian Yachts

Business Proposals For Italian Yachts

Due to the current economic crisis in Europe and Italy the opportunity has arisen to purchase yachts at reasonable prices from yacht designers and constructors renown for their specialisation. These Italian shipyards construct yachts of particular value and have always been world leaders through their experience, technology, design and refined work. In particular, we are also able to assist you in the purchase of Italian yachts that are either new or have done minimal sailing at very competitive prices; according you would require, we will be more than willing to assist from purchase negotiations and contracts, transport and customs clearances and getting it operational. Other than business assistance we can provide all the legal services required. For further information or interest in this sector you can contact us. 


Annino Law Firm opens to China

Annino Law Firm opens to China

根据众多来自洲国家的求,及针对已建立起的关系,Annino师事务供以下服:

  • 法律援助建新的商贸业务,并已在意大利境内开展业务的公司提供支持。
  • 国内商场调研,找投、收购买股份的机会;
  • 按照意大利法建立公司;
  • 标和专注册;
  • 在意大利建,在意大利境内与合作伙伴和客建立友好关系;
  • 房地场结构、工业简易棚、厂房和土地的研;
  • 房地购买售支持;
  • 为在意大利过境的外国代表团组织业务活动和提供后勤支持;
  • 资产管理、国内和国信托业务外小金融和投管理。

In light of the numerous requests received from Asiatic Countries and from the already established relationships, Law Firm Annino offers the following services:

  • legal assistance with the creation of new commercial activities, as well as, support for companies already established and operating within Italy;
  • market research based on specific commercial sectors and the possibility to invest in or acquire companies or shares in a company;
  • company constitution in terms of italian law;
  • the registering of brands and patents;
  • representative office in Italy and the maintaining of amicable relations with partners and clients in Italy;
  • search the real estate market for structures, industrial wharehouses, buildings and land;
  • assistance in the buying and selling of real estate property;
  • organize events and give logistical support to delegations from abroad visiting Italy;
  • international taxation, capital management, national and international trusts, management of micro finances and offshore investments.

QATAR. Minister of Foreign Affairs Opens Qatar-European Friendship Society

QATAR. Minister of Foreign Affairs Opens Qatar-European Friendship Society

Doha city – QATAR

Wednesday, 10th October 2012, the Qatar Minister of foreign Affairs HE Dr. Khalid Bin Mohamed Al Attiyah opened the Qatar – European Friendship Society at the European Parliament in Brussels in the presence of HE Dr. Sheikh Ali Bin Jassim Al Thani, Qatar’s ambassador to Belgium and the EU and the Qatari embassy staff. The opening ceremony was attended by a large number of European parliamentarians who praised the opening of the society, the first if its kind between the Gulf Cooperation Council and the European Union, underlining the important role Qatar is playing on the international scene and another milestone in the growing relationship between Qatar and Europe.

Law Firm Annino – Avv. Gianfranco Annino – Dr. Allison Lindsay Sutherland


Apartheid Is Alive And Well And Living In South Africa

Apartheid Is Alive And Well And Living In South Africa

In 1894 Cecil John Rhodes who at the time was Prime Minister of South Africa, implemented the Glen Grey Act which imposed a labour tax on black farm labourers which the farmers could not afford . The Act therefore forced blacks away from agriculture and towards the creation of a cheap labour force for the mining industry. Rhode’s company De Beers soon developed into a world monopoly leaving him a wealthy man. Amongst the liberals in Britain and America Rhodes was seen as a philanthropist. Ironically the Rhodes Scholarship at Oxford University, still to date is granted on the basis of moral force of character, sympathy for and protection of the weak, kindliness and fellowship, despite the abuse of human rights his empire was built on.
Rhode’s company De Beers was taken over by Sir Ernest Oppenheimer in 1927 with the formation of the Anglo America Corporation. Sir Ernest is described as a diamond and gold mining entrepreneur, financier and philanthropist . He left his empire to his son Harry Oppenheimer who was Chairman of the Anglo American Corporation for a quarter of a century and Chairman of De Beers for 27 years. He too was well know for his opposition to apartheid , philanthropy and business acumen, despite having done little for the workforce his empire was built on. His son Nicky Oppenheimer and Jonathan his grandson followed in his footsteps within the mining industry. One should give credit when credit is due, in more recent years improvements were made to the living conditions, wages and the health & safety of the worforce, treating people with dignity before leaving them without income by retrenching around 31 000 between 1990 – 2000 in the gold mining industry to keep Shareholders happy .
The Anglo American Corporation has been dismantled into diverse companies over the years , however, the mines in South Africa still have a majority English or American shareholding. As with the London Listed Lonmin who own the Marikana Platinum Mine at which the police massacred 34 mine workers last month. The press reported it as the worst display of state violence in the country’s post apartheid history.
But can one speak of a post apartheid era when the government is still protecting the interests of wealthy multinationals instead of the basic human rights of the workforce. After 18 years of a supposed “New South Africa” there is still no equitable labour regime and policies in the minerals sector serve a limited range of stakeholders. In 1961 UN declared apartheid a crime against humanity and economic sanctions were imposed against South Africa. Economic Apartheid is alive and well and living in South Africa.

(Safe guarding human rights – Law Firm Annino – Avv. Gianfranco Annino – Dr. Allison Lindsay Sutherland)


Italy, Autumn 2012. Part II

Italy, Autumn 2012. Part II

The next few months, being the first of 2013, will highlight an Italy in deep recession with the correlated risks of social unrest and violent demonstrations. The crisis that the country is going through is not only economic, the lack of work will act as a driving force and catalyst for problems within our civil society. Our first thoughts go to the dire situation of the Sardinian people. We have always had a special attraction to this area which we believe to be one of the most fascinating in the world, our frequent visits for work to Sardinia have highlighted a situation of limited sustainability. Primarily due to the events at Vinyls, Alcoa and Sulcis, but also due to the serious economic situation amongst small and medium enterprises, farmers, fishermen and the tourism sector, all united by the total absence of institutions. Speaking of work, it is virtually impossible for Italian companies to compete within this negative context of fiscal burden, obnoxious bureaucracy, lack of reliable and efficient infrastructure and with the threat of criminal activity that is paradoxically linked to a justice system which has been jammed since biblical times. In this context, it is not surprising that Mr. Marchionne said that Fiat did not see it’s way clear to operating within the obsolete Italian industrial context when compared to the dynamics in the United States. In essence this is the same belief held by many Italian entrepreneurs who have left or are leaving Italy to settle in Switzerland, Eastern Europe or China. With the resultant serious loss of credibility, historical memories, knowledge (many entrepreneurs have developed extraordinary patents recognised worldwide) and jobs.


Autumn in Italy 2012

Autumn in Italy 2012

The return to work after the summer break, manifests social tensions which will have a particular impact on Italy. All sectors of society are in deep suffering; the state of crisis amongst large companies and small and medium enterprises has resulted in substantial job losses and this negative trend seems unending. The justice system, health services, education, public administration and local authorities lack efficiency. The State does not seem able to safeguard their own citizens but rather displays illegal behavior through their inhumane treatment of prisoners; awaiting trial prisoners, who’s guilt is yet to be proven; the state is criminal in the way that prisoners are treated, the daily and systematic violation of fundamental human rights which has continued for decades. In light of this it is difficult to continue talking about constitutional values, democracy and the rule of law. In this troubled time in our history the advocacy is called upon to safeguard legality to the best of their ability.


New DIFC Courts Operational In Dubai

New DIFC Courts Operational In Dubai

Following the signing of Dubai Law No. 16 of 2011 (“Law No.16”) on 31 October 2011 by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, parties to civil and commercial agreements are now able to choose the Courts of the Dubai International Financial Centre (“DIFC”) to resolve disputes relating to their commercial agreements. This represents a significant extension of the scope of the DIFC Courts’ jurisdiction which was previously restricted to disputes having a direct link to the DIFC. The DIFC, a financial free zone in the Emirate of Dubai, is empowered to self-legislate in civil and commercial areas. Its legislative system is based on English common law. The DIFC has its own courts, which are independent of the Dubai Courts and the UAE Federal Courts, and consist of a Court of First Instance and a Court of Appeal. Previously legal practitioners had to be accompanied by a local Arab speaking lawyer, the DIFC Court allows the practitioners from any jurisdiction to have rights of audience provided they have been admitted to practice in their respective home countries. Being empowered to act independently reduces the overall cost of cases. Another beneficial aspect of the DIFC Courts is that the winning party may request reimbursement of legal expenses as part of the settlement, whereas this is not permitted in other courts throughout the Arab Emirates. Pursuant to Law No.16 of 2011, parties across the Middle East region and internationally may choose the DIFC Courts to govern disputes under civil and commercial agreements, provided that this is expressly agreed in writing between the parties before or after the occurrence of the dispute. A link to the DIFC will no longer be required in such cases. The DIFC Courts will continue to have jurisdiction in civil and commercial matters with a direct link to the DIFC even in the absence of such express agreement. The DIFC Courts may accept jurisdiction in circumstances where another competent court has declined to take jurisdiction in relation to a dispute, but not where a final judgment has been handed down. This law also governs how DIFC Court judgments, orders and awards can be enforced in other jurisdictions, supplementing the rules regarding enforcement in the Dubai Courts. The DIFC Courts offer a transparent, English-language, common law system in the midst of a predominantly civil law Middle East region, where the local courts require proceedings to be conducted in Arabic and where there is no system of binding judicial precedent. This new law not only provides a more internationally friendly court system but opens up many new avenues for legal practitioners wishing to expand their activities within the United Arab Emirates.