Legislation has been enacted in Italy that will require many large multinationals to publicly disclose certain income-tax-related information for jurisdictions where they do business.The new reporting requirements apply to financial statements relating to financial years beginning on or after 22 June 2024. On 12 September 2024, the Italian Government published (in the Official Gazette No. 214) the Legislative Decree (Decree) enacting Public Country-by-Country Reporting (PCbCR) legislation in Italy, requiring large multinational entities (MNEs) to publicly divulge income-tax-related information for each Member State jurisdiction, as well as for jurisdictions included in the European Union list of noncooperative jurisdictions. Data regarding other jurisdictions...