Italy’s Council of Ministers passed the draft decree introducing Public Country-by-Country Reporting (PCbCR) on 10 June, 2024. It ​​amends Directive 2013/34/EU of 26 June 2013 (Accounting Directive), which pertains to the reporting of income

Italy has enacted Law No. 67 of 23 May 2024, now published in the Official Gazette, which converts Decree-Law No. 39 of 29 March 2024 into law with specific amendments. The key measure in this legislation is the continued suspension of the

Italy’s Ministry of Finance announced the ‘TSH decree’, which was published in the official gazette On 28 May, 2024. This decree implements the Pillar Two transitional safe harbour (TSH) rules, as stipulated in Article 39 of Legislative Decree

The G7 Finance Ministers and central bank governors held a meeting from 23–25 May, 2024, at Stresa, Italy, during which they issued a Communiqué reaffirming their commitment to creating a more stable and equitable international tax system. The

Italy's Economy Minister Giancarlo Giorgetti announced today, May 24, 2024, that the agreement on a global minimum tax on multinationals will not be concluded by June, as initially anticipated. The agreement will not receive approval from all

On Monday, 20 May, 2024, Italy’s Ministry of Economy and Finance announced the “Decree of 20 May 2024” which states the simplified transitional regimes (safe harbours) for multinational and national groups subject to the Pillar Two global