old people’s home in Germany

Goldmine Renting of Old People’s Homes in Germany

By Dr Reinhard Nacke, FPS

Due to demographic change, there will be an ever-increasing number of old people’s homes in Germany. The federal states are legally obliged to create a suffcient number of such facilities. It could, therefore, be lucrative for investors to build an old people’s home and rent it out to a home operator. It should be noted, however, that the investor’s negotiations with the home operator will be different from those for ordinary commercial properties. For the latter, a rent is usually negotiated freely. It is also agreed that the rent will change similarly to the cost of living.

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Italian soccer player

Italy: A New Tax Haven for Sportspeople?

By Roberto M. Cagnazzo, Studio Tributario Cagnazzo

A recent decree has introduced significant tax benefits to sportspeople who transfer their tax residence to Italy, starting from 01 January 2020. The law provides two different regimes depending on whether the sportspeople are:

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electronic invoices

Mandatory Electronic Invoices in Italy: Exemptions for Non-Residents

By Pasquale Della Corte, COMMA 10

Italy has adopted the mandatory system of electronic invoices, effective from 01 January 2019, with the authorisation granted by the Council of the European Union. The invoice is issued in a predefined electronic format and then transmitted to the client and to the Italian Revenue Agency via an interchange system (SdI). This obligation exists for the supply of goods and the provision of services carried out between persons resident or established in Italy. Therefore, the electronic invoice is the only “offcial document” for such transactions, and also for VAT purposes.

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GGI Geneva Group
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8052 Zurich


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