During their meeting held on 19 December 2023, Italy's Council of Ministers approved the legislative decree for the implementation of tax reforms regarding international taxation, which provides for the implementation of the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022 (previous coverage). As previously reported, the Italian government was empowered by Law No. 11 of 9 August 2023 to implement various tax reforms, including the implementation of Council Directive (EU) 2022/2523. The legislative decree is in strict compliance with the Directive, along with relevant references to Italian legislation and the use of...