Pretty hefty amount of complications were found between the content of instructions related to the income tax return for the fiscal year 2016 and the subsequent ITA Protocol of January 28th, 2017 bringing in rules for implementation for the option. Hence, ITA issued Resolution (No. 4E) providing explanations on the filing responsibilities for the taxpayers opting for the foreign branch exemption on 15th January, 2018. They came up with specific procedures to the correct compilation of the relevant returns.
Next post
UAE: Cabinet approves DTA with Moldova
»
UAE: Cabinet approves DTA with Moldova
Related Posts
Italy extends investment tax credits for special economic zones, logistics zones
February 03, 2026
The Italian Revenue Agency announced on 2 February 2026 that it has approved new communication forms and guidelines for accessing tax incentives for investments in the country’s disadvantaged areas, following changes introduced in the 2026 Budget
Read More Italy to raise small parcel tax to EU level
January 30, 2026
Italy plans to align its levy on low-value packages with a EUR 3 EU duty, which will become effective on 1 July 2026, Economy Minister Giancarlo Giorgetti said on 29 January 2026. The move targets inexpensive e-commerce imports, especially from
Read More
Italy: Tax Authorities updates annual VAT return forms
January 19, 2026
The Italian tax authorities have released the 2026 annual VAT return forms, Modello IVA 2026 and the simplified IVA BASE 2026, together with their official instructions for the 2025 tax year. The forms are available electronically on the Agenzia
Read More
Tax treaty between Gabon, Italy enters into force
January 12, 2026
The income tax treaty between Gabon and Italy, signed on 28 June 1999, entered into force on 19 December 2025. The agreement applies to Gabon’s corporate tax, flat-rate minimum tax, individual income tax, and tax on income from immovable
Read More Italy issues legislative decree updating VAT rules
January 07, 2026
Italy’s government has published Legislative Decree No. 186/2025 in the Official Journal No. 288 of 12 December 2025 as part of its ongoing tax reform under Law No. 111/2023. The Legislative Decree No. 186/2025 introduces significant updates
Read More
Italy: MoF releases DAC8 implementation guidelines
January 06, 2026
Italy’s Ministry of Economy and Finance published the Ministerial Decree of 30 December 2025 in the Official Journal No. 302 of 31 December 2025, which establishes the implementing rules for the recently transposed Amending Directive to the 2011
Read More