The Italian Chamber of Deputies approved the law ratifying the income tax treaty with Libya on 8 January 2025. This follows after Italy’s Senate ratified the pending income tax treaty with Libya on 11 September 2024. Signed on 10 June 2009, it

Italy’s Revenue Agency has approved the Annual VAT Return Form for the 2025 filing period, covering the 2024 tax year on 15 January 2025. A Basic Annual VAT Return Form is now available for qualifying taxpayers. Both annual return forms must be

Italy has enacted Law No. 207 of 30 December 2024, outlining the 2025 State Budget along with the multi-year financial plan for 2025-2027. The law was published in the Official Gazette on 31 December 2024 and took effect on 1 January 2025. The

Luxembourg has published a Grand-Ducal Regulation in the Official Gazette on 23 December 2024, outlining the application of tax credits under the Law of 22 December 2023. This law ensures minimum effective taxation for multinational and large

Luxembourg's Tax Administration announced the rate multipliers for property tax and municipal business tax for the 2025 financial year. The Grand Ducal Decree confirms that Luxembourg City remains one of the most competitive municipalities,

Italy’s Ministry of Economy and Finance has published the Ministerial Decree of 20 December 2024 in Official Gazette No. 304 of 30 December 2024. The Decree outlines additional implementation rules for the top-up tax introduced under Legislative