Italy’s Ministry of Economy and Finance has released a document listing jurisdictions with transitional qualified status for implementing the domestic minimum top-up tax (DMTT) and income inclusion rule (IIR).
The list also shows which DMTTs qualify for the qualified domestic minimum top-up tax (QDMTT) safe harbour. The list was published following the release of the Inclusive Framework on BEPS central record of legislation with transitional qualified status on 15 January 2025.
This is crucial for determining whether top-up tax must be collected in Italy under the IIR or undertaxed profits rule (UTPR) for foreign low-tax jurisdictions.
