The law establishes the European Delegation Law 2024, allowing the government to directly implement EU Directives through Legislative Decrees without further parliamentary approval.
Italy has published Law No. 91 of 13 June 2025 (the European Delegation Law 2024) in the Official Gazette No. 145 of 25 June 2025.
Law No. 91 enacts the European Delegation Law 2024, empowering the government to implement specific EU Directives via Legislative Decrees without requiring additional parliamentary approval. This includes the Amending Directive to the 2011 Directive on Administrative Cooperation (DAC8) (2023/2226).
Parliamentary commissions will serve only a consultative role in this process. The European Delegation Law 2024 outlines the government’s criteria for aligning national legislation with the Regulation on European Green Bonds (2023/2631).
DAC8 is a new EU directive that broadens tax reporting requirements to cover crypto-assets and digital currencies. Its goal is to enhance transparency and strengthen efforts to combat tax fraud across member states.
DAC8 is based on the OECD’s Crypto-Asset Reporting Framework (CARF) and the updated Common Reporting Standard (CRS) for automatic exchange of financial account information. Under this directive, crypto asset providers and intermediaries must collect and report client information to tax authorities, who will share it with other EU Member States.
The Law goes into effect on 10 July 2025.
