ASANA

The tax classification of the transfer of a building earmarked for demolition and subsequent reconstruction has been the subject of significant litigation between taxpayers and the Tax Administration for years. With order No. 6364 of March 18, 2026, the Italian Supreme Court of Cassation returned to this issue, reaffirming the objective boundaries of the taxable event and placing a clear limit on the expansive interpretations of the Tax Office. The judges of legitimacy confir

T he Dubai real estate market is currently undergoing a structural transformation aimed at moving beyond the volatility of the past. Looking toward 2026 projections, it is clear that the Emirate is shifting from euphoria-driven growth to a stability anchored in economic fundamentals. This is not a slowdown, but rather a strategic consolidation. The Rise of the Office Sector: the Scarcity of Grade A Spaces The true protagonist of the next two years will be the commercial secto

1. “Patents+ 2025 – Economic Valorization of Patents” A total budget of €20 million is available for SMEs (including newly established ones) that own or license patents (Italian, European, or international), or have filed a patent application with a “non-negative” search report. Eligible expenses: specialized services for the design, engineering, and industrialization of prototypes; organization of production processes; market strategy; and technology transfer. Incentives: no

Tribunal of Salerno – Judgment No. 4015 of 9 October 2025 – Civil Division II The Tribunal of Salerno declared nonexistent and therefore null a holographic Will found not to have been written or signed by its supposed author, resulting in the invalidity of the property sale executed on the basis of that false inheritance title. The decision reaffirms a fundamental principle: when a holographic Will is not handwritten by the testator, it is not a case of formal defect but of n

In the world of real estate transactions, honoring contractual agreements is not optional—it’s essential. Anyone who believes they can summon the other party to the closing without even agreeing on a date is taking a serious risk. This was made clear by Italy’s Supreme Court in a significant ruling (no. 9399/2025), which offers important guidance for all professionals involved in property sales. The Context: A Deal That Never Closed and a One-Sided Invitation In the case unde

Good news for those who purchased a new home using the “first home” tax benefit but still owned a previous one: the time limit to sell the previously owned property has now been extended from 1 to 2 years. This clarification comes from Italy’s Revenue Agency (Agenzia delle Entrate) in its ruling no. 127 dated May 5, 2025. It confirms that the 2025 Budget Law (Art. 1, paragraph 116, Law no. 207/2024) doubled the resale deadline, and this extension also applies retroactively to