Italy: Revenue Agency issues regulatory guidelines for cross-border VAT exemption applicants
The Italian Revenue Agency, through the measure issued on 10 December 2025, has defined the procedures for verifying compliance by entities intending to apply the special cross-border VAT exemption regime. The measure follows the implementation,
See More
Italy: Revenue Agency confirms VAT exemption for turnkey modular homes
The Italian Revenue Agency has clarified, on 5 December 2025, that fully finished modular homes, ready to be lived in and complete with utilities and finishes, are considered real estate and are generally exempt from VAT. VAT applies only if the
See More
Italy: Council of Ministers approves legislative decree to enforce DAC8
Italy’s Council of Ministers announced that it has approved the Legislative Decree implementing the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226)(DAC8) on 4 December 2025. The new provisions align with the
See More
Italy: Revenue Agency restricts DTA tax credits for assignees to monetisation
Italy’s Revenue Agency clarified on 4 December 2025 that companies acquiring tax credits arising from the conversion of Deferred Tax Assets (DTA) cannot use these credits to offset or transfer them further and can only monetise them through
See More
Italy: Revenue Agency updated VAT exemption for SMEs across EU borders
Italy’s Revenue Agency has introduced an important update to the VAT exemption scheme for small businesses operating across EU borders on 4 December 2025. Under the revised rules, the 35-working-day period for assigning the “EX”
See More
Italy: Revenue Agency sets banking foundations tax credit for 2025
Italy’s Revenue Agency has announced that banking foundations will receive a tax credit of 18.1982% for 2025 through the provision of 3 December 2025. The rate was calculated based on the ratio of available resources, equal to EUR 10 million,
See More
Italy: Revenue Agency reminds taxpayers about deadline for transition 5.0 tax credit applications
Italy’s Revenue Agency has announced on 24 November 2025 that it published Decree no. 175/2025 in the Official Gazette as of 21 November 2025, in which it notified that companies have until 27 November 2025 to submit applications for the
See More
Italy: Revenue agency introduces updated communication form for investment tax credits in simplified logistics zone areas
The Italian Revenue Agency has updated the supplementary communication form, along with the related instructions, for businesses seeking the investment tax credit available under the simplified logistics zone (ZLS) areas on 20 November 2025. The
See More
Italy gazettes decree on global minimum tax return, payments
Italy’s government has published the Decree of 7 November 2025 from the Ministry of Finance in the Official Gazette on 10 November 2025. The Decree of 7 November 2025 establishes the filing and payment requirements for the global minimum tax,
See More
Italy: MoF issues decree on global minimum tax return, payments
Italy’s revenue agency has announced, on 10 November 2025, that the Ministry of Finance’s Decree of 7 November 2025 has been issued, establishing the filing and payment requirements for the global minimum tax, including the Income Inclusion Rule
See More
Italy: MoF issues guidance for filling global minimum tax information return form
Italy's revenue agency has announced that the Ministry of Finance has issued guidelines for completing the Pillar 2 GloBE Information Return (GIR) model form (Comunicazione Rilevante on 3 November 2025. This follows the approval of the form under
See More
Italy: MoF issues Decree on Pillar 2, DAC9 reporting obligations
RF Report Italy’s Ministry of Finance (MoF) issued a decree on 16 October 2025, published in the Official Gazette on 29 October 2025, outlining obligations related to Pillar 2 reporting, including DAC9 requirements. The decree defines key
See More
Italy ratifies income tax treaty with Kosovo
RF Report Italy has ratified the income tax treaty with Kosovo through Law No. 154. The Law was enacted on 16 October 2025 and published in the Official Gazette No. 251 on 28 October 2025. Signed on 22 June 2021, the agreement aims to
See More
Italy: MoF releases 2026 VAT split-payment company lists
Under the split-payment system, buyers pay suppliers only the taxable amount, while the VAT portion is transferred directly to a designated VAT account. Italy's Department of Finance has released updated lists of companies required to comply with
See More
Italy: Council of Ministers approves 2026 draft state budget, multi-year budget for 2026-28
Italy's 2026 draft budget introduces a new three-year tax credit for businesses in SEZs, extends plastic and sugar tax exemptions until 2026, allocates EUR 100 million for SLZs, and refinances the Nuova Sabatini incentive. Italy’s Council of
See More
Italy to impose duty on Chinese fast-fashion imports to safeguard domestic industry
Italy plans a new tax on Chinese fast fashion imports, targeting online retailers like Shein and Temu, to protect its domestic fashion industry from low-cost competition. Italy is planning to introduce an additional tax on Chinese fast fashion
See More
Italy: MoF presents draft budget plan for 2026-28
Italy’s 2026 budget introduces a new three-year tax credit for businesses in SEZs, extends plastic, sugar, and tourist tax exemptions until 2026, allocates EUR 100 million for SLZs, and refinances the Nuova Sabatini incentive. Italy’s
See More
Italy: Council of Ministers gives preliminary approval to DAC8 implementation decree
The decree implements the DAC8 directive, introducing reporting requirements and the automatic exchange of data on crypto-asset transactions by operators. Italy’s Council of Ministers announced it has preliminarily approved the Legislative
See More