The negative business spin-off, when it can be implemented
Francesco Ventriglia, Andersen chartered accountant, analyze the negative business spin-off in an article published by Il Sole 24 Ore.
The article examine, the research document of the National Foundation of accountants, entitled: “Negative division: civil admissibility and accounting profiles” which examines in depth the issue of the legitimacy of the negative division, namely the procedures by which a series of assets and liabilities with a negative net book value is assigned to a recipient company.