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Mission Melchionna PLLC is an indipendent law firm. Melchionna PLLC’s mission is to provide outstanding legal services and tax advice. We focus on building a relationship with...
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Avv. Flavia Betti Tonini, PhD, Of Counsel Flavia Betti Tonini is an experienced attorney with a solid background in corporate law, compliance, criminal law, and...
About us
Melchionna PLLC, a law firm with a focus on business, corporate, tax, and IP law.
About us Melchionna PLLC represents and assists North American and European business clients in achieving their goals with sound legal advice and innovative solutions to current...
Tax Law
Corporate tax reform in Missouri
Missouri’s Senate Bill 884 of 2018 (the “Act”), which lowered the corporate rate from 6.25% to 4%, became effective on January 1st this year, making the state one of the lowest...
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California’s new data privacy law
The California Consumer Privacy Act (CCPA) entered into effect on January 1, 2020, bringing with it a slew of new protectionary measures for consumer data. Below is a summary of...
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On November 21, new rules entered into effect on EB – 5 Immigrant Investor Program
The Immigrant Investors Program (EB-5) allows foreign investors to apply for permanent residence in the U.S. (green card) if they invest in a commercial enterprise and create or...
Food law
Pennsylvania: recent changes in serving alcoholic beverages
On November 21, 2019, Pennsylvania Governor Tom Wolf signed into law House Bill 947 (now known as Act 86 of 2019) in order to address the inconsistent alcoholic beverage serving...
International trade
Balance of Trade for goods exchanged between the EU, France, Germany, Switzerland, Italy and the US: the first nine months of 2019
The balance of trade for goods is the net amount of EU and US exports and imports over a stated period of time. In 2019, the trade balance of goods between EU and the US shows a...
International trade
US responses to France Digital tax
On December 2, 2019, the Office of the US Trade Representative (USTR) concluded its investigation under section 301 of the Trade Act of 1974 into France’s new Digital Services...
International tax
Tax planning in Luxembourg: Directive 2018/822
On July 1, 2020, the Directive 2018/822, commonly referred to as DAC 6 or Mandatory Disclosure for tax intermediaries, will be effective in Luxemburg. A bill implementing this...
Food law
October 21, 2019, Update on “The United States is set to impose new tariffs on goods imported from certain countries of the European Union: the WTO DS316 Decision.” Italian Fruit and Meat
On October 18, 2019, the additional tariff on goods imported from Italy entered into effect. Among other items, certain Italian fruits and meats are now subject to an additional...
Food law
Milk Sounding: How to reconcile legal definitions and consumers’ perception of products with potentially misleading labels: towards the modernization of food standard of identity
Since the 1930s, the Food and Drug Administration (“FDA”) has defined milk as “lacteal secretion [. . .] obtained by the complete milking of one or more healthy cows”. (21 CFR...
Corporate tax reform in Missouri
Missouri’s Senate Bill 884 of 2018 (the “Act”), which lowered the corporate rate from 6.25% to 4%, became effective on January 1st this year, making the state one of the lowest corporate tax states in the U.S. The Act eliminates also the option for businesses to calculate their corporate tax liability by averaging the percentage of total sales, payroll, and property in Missouri when calculating their tax – a method that favored sellers with no physical presence in the state. Instead, corporate income taxes will be calculated based on total sales in Missouri. The latter change brings Missouri in line with most other states but has made it difficult to estimate whether the bill will increase or decrease tax revenues. Projections have ranged from a tax cut of several million dollars to a net tax increase of up to $10 million.
In addition, the state tax reform eliminates, for apportionment purposes, transactions between businesses filing a consolidated tax return in Missouri.
The Act also reduces the top personal income tax rate to 5.4% and the state’s maximum deduction for taxes paid to the federal government.
Together, these policy changes have helped Missouri become a more desirable business location. The Tax Foundation’s 2020 State Business Tax Climate Index ranks Missouri number 14 in the country and ahead of all neighboring states. Seek Business Capital, a small business and startup consulting service, ranked Missouri number 30in the US in its 2020 Best States to Start Business List. The MO Department of State reports that corporations can be set up online. However, an in-state agent is required for Missouri-registered corporations.
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