This is a topic of extreme interest for almost everybody: professionals, business entrepreneurs, owners of land, fixed and other assets.
The issues related to the "GENERATIONAL PASSAGE" are not exclusively those that deal with taxes-even though that is the aspect that more than others concerns the Italian taxpayers-therefore they are different in nature, especially where the succession, or "passage", implies the management of a company, a business enterprise, a profession, etc.
The "bill" of the inheritance taxes could thus be of relative importance if compared to other issues.
Tools such as the TRUST, the HOLDINGS, the PATTI PARASOCIALI ("Parasocial pacts"-standardized, general guidelines and work policies agreed among the institutions that represent different working classes), the ACCORDI DI SINDACATO ("Labor Union's Agreements"-agreements that set the minimum wages, the weekly work hours, etc. for different jobs), etc. very often play a major role. Just as it is essential to know well the "norme civilistiche" (laws from Italy's Codice Civile), especially concerning the "patti successori" (successional pacts), the "riserva di legittima", the "collazione", not to speak of the complex and labyrinthine tributary laws.
It is quite intuitive, then, that qualified and expert assistance-preferably before the event of the succession-becomes essential. Optimizing the amount of inheritance tax dues in accordance with the law, organizing the company assets, the management of the company itself and the administration of the familial assets means preparing and planning. |
