{"id":8390,"date":"2024-06-01T09:04:15","date_gmt":"2024-06-01T07:04:15","guid":{"rendered":"https:\/\/www.fogliandpartners.com\/italian-tax-authority-circular-no-16-e-2023-clarification-on-the-franking-of-higher-values-of-units-and-shares-of-cius\/"},"modified":"2024-06-15T15:49:55","modified_gmt":"2024-06-15T13:49:55","slug":"italian-tax-authority-circular-no-16-e-2023-clarification-on-the-franking-of-higher-values-of-units-and-shares-of-cius","status":"publish","type":"post","link":"https:\/\/www.fogliandpartners.com\/en\/italian-tax-authority-circular-no-16-e-2023-clarification-on-the-franking-of-higher-values-of-units-and-shares-of-cius\/","title":{"rendered":"Italian Tax Authority Circular no. 16\/E\/2023. Clarification on the franking of higher values of units and shares of CIUs."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8390\" class=\"elementor elementor-8390 elementor-4320\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-607d36b e-flex e-con-boxed e-con e-parent\" data-id=\"607d36b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8a4a15c elementor-widget elementor-widget-text-editor\" data-id=\"8a4a15c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Italian Tax Authority has just published Circular No. 16\/E with the long-awaited clarifications on the discipline of franking the higher values of units and shares of UCITS and life insurance contracts.<\/p>\n<p>The Circular provides important confirmations, in line with early comments made on the framework under review by major trade associations and early commentators.<\/p>\n<p>Among the most important clarifications provided, the Tax Administration confirmed the hoped-for possibility of franking even units or shares of UCIs with enhanced property rights (so-called &#8220;\ud835\ude24\ud835\ude22\ud835\ude33\ud835\ude33\ud835\ude2a\ud835\ude26\ud835\ude25 \ud835\ude2a\ud835\ude2f\ud835\ude35\ud835\ude26\ud835\ude33\ud835\ude26\ud835\ude34\ud835\ude35&#8221;), provided that the related income qualifies as income of a financial nature.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>26 June 2023<\/p>\n","protected":false},"author":3,"featured_media":6176,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"class_list":["post-8390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news_foglia-en"],"_links":{"self":[{"href":"https:\/\/www.fogliandpartners.com\/en\/wp-json\/wp\/v2\/posts\/8390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fogliandpartners.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fogliandpartners.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fogliandpartners.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fogliandpartners.com\/en\/wp-json\/wp\/v2\/comments?post=8390"}],"version-history":[{"count":0,"href":"https:\/\/www.fogliandpartners.com\/en\/wp-json\/wp\/v2\/posts\/8390\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fogliandpartners.com\/en\/wp-json\/wp\/v2\/media?parent=8390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fogliandpartners.com\/en\/wp-json\/wp\/v2\/categories?post=8390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fogliandpartners.com\/en\/wp-json\/wp\/v2\/tags?post=8390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}