Registration tax at a fixed rate for the device to act for the Trust
December 5, 2009
The Provincial Tax Commission of Bologna with Case No. 120/02/09 filed October 30, 2009 confirmed the principle, as expressed by other Provincial Committee, that the regulating action in favor of a trust is subject to registration tax at standard rates and not to tax as a proportion of donation supported by the Inland Revenue Circular No 48 / E, 2007, 3 / E, 2008. The ruling confirms earlier guidelines expressed by the Court of merit.