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Italian Decree on Pillar Two Substance-Based Income Exclusion Published in Official Gazette

|Approved Changes|Italy
Italy

On 23 October 2024, Italy published in the Official Gazette the Decree of 11 October 2024 concerning the reduction of the taxable base relevant for the purposes of the global minimum tax. As previously reported, the decree takes into account the clarifications provided in the Commentary on the OECD Rules and in the Administrative Guide "Tax Challenges Arising from the Digitalisation of the Eco…

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