Italy approved a new Legislative Decree on June 4, 2025, updating tax compliance, litigation, penalties, and the 2-year preventive composition procedure (CPB).

Italy’s Council of Ministers has approved a Legislative Decree on 4 June 2025, which introduces supplementary and corrective measures to the recent tax reform on compliance, litigation, penalties, and the 2-year preventive composition procedure (CPB).

The Council of Ministers approved the Legislative Decree by Law No. 111, dated 9 August 2023, following consultations with the relevant parliamentary commissions.

The specifics of the new measures will be disclosed after the Legislative Decree is published in the Official Gazette.