{"id":7397,"date":"2025-11-11T11:37:15","date_gmt":"2025-11-11T11:37:15","guid":{"rendered":"https:\/\/pglex.it\/?p=7397"},"modified":"2025-11-11T11:37:16","modified_gmt":"2025-11-11T11:37:16","slug":"savings-and-dividends-the-new-tax-regime-in-the-budget-law-currently-being-approved","status":"publish","type":"post","link":"https:\/\/pglex.it\/en\/savings-and-dividends-the-new-tax-regime-in-the-budget-law-currently-being-approved\/","title":{"rendered":"Savings and dividends: the new tax regime in the Budget Law currently being approved"},"content":{"rendered":"<p><strong>The draft 2026 Budget Law radically<\/strong> redesigns the domestic dividend regime, introducing a minimum threshold of 10% shareholding for income tax exemption.<\/p>\n<p>This reform marks the transition to a system that provides for tax exemption only if the investment is \u201csignificant,\u201d with significant impacts on holding companies, corporate ventures, and multi-company structures.<\/p>\n<p>In his in-depth analysis on <strong>Bluerating<\/strong>, advisory &amp; asset management, our <strong>Partner Domenico Ponticelli<\/strong> analyzes the three technical pillars of the measure\u2014binary logic, look-through mechanism, and shift to a percentage basis\u2014and assesses its systemic implications, compares it with European regimes, and suggests possible corrective measures to reduce its distorting effects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The draft 2026 Budget Law radically redesigns the domestic dividend regime, introducing a minimum threshold of 10% shareholding for income tax exemption. This reform marks the transition to a system&#8230;<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-7397","post","type-post","status-publish","format-standard","hentry","category-news-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Savings and dividends: the new tax regime in the Budget Law currently being approved - PedersoliGattai<\/title>\n<meta name=\"description\" content=\"The draft 2026 Budget Law radically redesigns the domestic dividend regime, introducing a minimum threshold of 10% shareholding for income tax exemption.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pglex.it\/en\/savings-and-dividends-the-new-tax-regime-in-the-budget-law-currently-being-approved\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Savings and dividends: the new tax regime in the Budget Law currently being approved - 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