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Italy issues 2024 Budget Law and tax reform decrees

|Tax Alerts, Information Reporting, Legis ...|Italy
Italy

  • Italy's 2024 Budget Law has been issued together with multiple legislative decrees implementing part of the announced comprehensive tax reform.
  • The most significant changes for corporations concern the implementation of Pillar Two provisions, the reshaping of controlled foreign corporation (CFC) rules, the introduction of a penalty protection regime for European Union Anti-Tax Avoidance Directive (…

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