Scissione [FAST]

The Italian term translates to "split," "division," or "severance." Depending on the context, it refers to significant structural changes in business, law, politics, or psychology. 1. Corporate and Legal: Demergers (Corporate Law)

Instead of paying the VAT to the supplier, the buyer "splits" the payment: they pay the taxable amount to the supplier and pay the VAT amount directly to the Treasury. Scissione

Recent Italian legislation (Legislative Decree No. 19/2023) has updated the rules for international scissione to align with EU directives on cross-border mobility. 2. Fiscal: Scissione dei Pagamenti (Split Payment) The Italian term translates to "split," "division," or