Studio PonchioSTP
Studio Ponchio information sheets
The rules that matter, explained through everyday cases
Each sheet starts from a practical question raised by business owners, professionals and families and works through to an answer: what the law says, how it affects the figures, what to do and which mistakes to avoid. At the end of each sheet you will find the legislation and the official guidance it relies on. The sheets are up to date as at their date of publication.
Taxes and tax returns
Information sheet no. 1Business income: five tax changes in the 2026 financial statementsContract work, exchange differences, enhanced derivation, accounting errors, 2026 capital gains, losses after a change of control: changes and an example.Information sheet no. 2Professionals and farmers: what changes with the IRPEF reformItemised expense reimbursements and traceability, sale and contribution of a practice, carbon credits and crops in buildings: rules in force and examples.Information sheet no. 32026 Budget Law: what changes for firms, shareholders and familiesIRPEF at 33%, capital gains taxed in a single year, short-term lets, crypto and 21% revaluation: what changes in 2026 and what to do by 30 November.Information sheet no. 42026 company tax returns: how to correct them and what it costsVAT and Redditi 2026 deadlines passed: amended returns, cost of voluntary disclosure with an example, credits to recover, new items to recheck in companies.Information sheet no. 5Two-year advance tax agreement (CPB): when it pays and what you risk2026-2027 deadline expired on 2 November: break-even calculation with an example, November payment on account, forfeiture and limits of audit protection.
VAT
Information sheet no. 6VAT in construction: 4%, 10% and 22% rates, reverse charge and salesVAT rates on building works and sales of buildings, significant goods, Article 17 reverse charge and the VAT option: practical cases and mistakes to avoid.Information sheet no. 7Consolidated VAT code from 2027: what changes for invoicingFrom 2027 VAT moves to Legislative Decree 10/2026: same rules, new articles, paragraphs and letters. What to update in software, invoices and contracts.
Financial statements and audit
Information sheet no. 82026 accounts: current securities, OIC amendments and 2021 lossesCurrent-asset securities, OIC amendments mandatory from 2026, sterilised 2021 losses and shareholders: what to decide before closing the books.Information sheet no. 9Going concern: financial reporting duties and risks for directorsWhen financial statements must flag going concern doubts, how adequate arrangements link to crisis signals, and what directors risk.Information sheet no. 10Financial analysis: the ratios to calculate before going to the bankHow to reclassify the financial statements and calculate PFN/EBITDA, DSCR, cash conversion cycle and ROI before seeking financing, with a numerical example.Information sheet no. 11Statutory audit in SMEs: what the auditor asks for and how to prepareISA Italia auditing standards, representation letter, documents to prepare, timing and qualified opinions: what to expect from a statutory audit.
Companies and organisations
Information sheet no. 12Family holdings, contributions and hive-downs after the tax reformContributing shares to the family holding, demerger by hive-down, contribution of a business: what is tax-neutral and where the risk of abuse remains.Information sheet no. 13Italian cooperatives: prevalence, patronage refunds and taxed profitPredominantly mutual status, patronage refunds and indivisible reserves: how much cooperative profit is subject to IRES and what changes without prevalence.Information sheet no. 14Publicly owned companies in Italy: directors, auditors and suppliersPublicly controlled companies: pay caps and crisis duties for directors, oversight by statutory auditors, hiring, split payment and credit risk for suppliers.Information sheet no. 15Third-sector entities: from 2026 the accounts also matter for taxThird-sector entities from 2026: which accounts to prepare, RUNTS filing, 6% commerciality test tolerance, secondary activities, volunteers’ notional costs.
Wealth and family
Information sheet no. 16Trusts in Italy: when to use one and how it is taxed after the reformTrusts after Legislative Decree 139/2024: gift tax on exit, option to pay upfront, opaque and transparent trusts, beneficial ownership and section RW.Information sheet no. 17Inheritance and gift tax after the reform: what changes from 2025Tax self-assessed by heirs, businesses and shares passed to children, family pacts and indirect gifts: the rules in force from 2025, with worked examples.Information sheet no. 18Patto di famiglia: passing the business to children, payments and taxPatto di famiglia: exemption for a business passed to children with a five-year undertaking, payments to siblings taxed as a parental gift (Res. 12/E/2025).
Business distress
Anti-money laundering
Agriculture and energy
Information sheet no. 21Solar and agrivoltaics on Italian farms: how they are taxedAgricultural income up to 260,000 kWh, 25% flat rate, ground-mounted plants from 2026, no reverse charge in the field, compendio unico: current rules.Information sheet no. 22Livestock and related activities: when income stays agriculturalThe one-quarter feed limit, excess animals taxed at a flat rate or analytically, related activities, agricultural VAT and the flat-rate regime, with example.