Overview
The Italy Pillar Two Self-Assessment Payment Return Form is a jurisdiction-specific tax form used to report Italy’s Self-Assessment Payment Return Form as part of Pillar Two compliance. It captures all required GloBE income, covered taxes, ETR data, and QDMTT computations in line with Italy’s legislative implementation. This template aligns fully with Italy’s Pillar Two rules and the OECD Global Minimum Tax (GloBE) framework.
What's Included
- Forms Library
The latest jurisdiction-specific Pillar Two tax form. Orbitax endeavors to publish all forms shortly after the local authorities publish or update a form, meaning no more searching across portals or worrying about outdated versions.
- Fillable Forms
Orbitax Forms library provides ready-to-use fillable Pillar Two forms, that can be automatically populated with data by linking the Orbitax Global Minimum Tax Pillar Two solution with an active GMT user license, minimizing manual data entry and ensuring consistent, accurate filings on time.
- Certified Translations
With built in tax certified tax translations you can seamlessly handle multilingual tax filings. Orbitax ensures you can review and complete forms in your preferred language, reducing the risk of misinterpretation.
- Validation and Review
With automatic validation and review tools ensure accuracy before submission. Orbitax will check each form for completeness, and highlight potential errors, helping you submit securely and confidently.
- Filing and Transmission
Submit directly to the relevant government portals or follow instructions when e-filing is not supported. Orbitax provides official export formats (e.g. XML) and centralizes all submission activities, eliminating fragmented workflows.
- Collaboration
Collaborate effortlessly across teams and time zones with integrated workflows. Request missing data, assign review tasks, and track filing progress in real time. Use Orbitax's Pillar 2 Software to pre-populate your forms with accurate calculation data.
How It Works
Entity Data Consolidation
Upload group- or entity-level data to create a single source of truth inside the platform.
Form Selection
Choose the form you want to work with, assign a form title, select the reporting entity, and set the UPE currency- automatically populated from your uploaded entity data.
Instruction Language
Forms filing instructions will be accessible both in local authority language and English directly from the Orbitax platform.
Data Input and Workflow Automation
Complete required fields manually or use data-collection workflows to invite stakeholders (e.g., preparers, reviewers, managers) via email. Users with an active GMT license can pull relevant data directly from GMT scenarios which are auto-mapped to relevant fields.
Validations
Leverage built-in field-level validation checks to ensure accuracy, then generate or export the completed Self-Assessment Return in the required formats (PDF, XML).
Transmissions
Direct transmission of XML and PDF filings to tax authority portals.
Compliance Coverage
Supports OECD Pillar Two / GloBE compliance under Self-Assessment Payment Return Form legislation.
Aligned with local Self-Assessment Payment Return implementation rules and guidance.
Self-Assessment Payment Return Form is applicable for fiscal years from 2024 onwards.
Helps prepare Self-Assessment Payment Return Form disclosures for in-scope multinational groups.
Designed to support transitional and safe harbour rules, where applicable.
Benefits of Italy Pillar Two Self Assessment Payment Return Form
Ensure accurate and compliant Self-Assessment Payment Return Form reporting aligned with Italy’s Pillar Two filing requirements
Reduce manual data handling and minimize errors in Italy’s Self-Assessment Payment Return Form submission.
Support consistent and standardized GloBE reporting across all constituent entities
Keep filings aligned with both OECD GloBE rules and Italy’s local legislation
Simplify coordination between global and local teams for Pillar Two compliance
Version History
| Jurisdiction | Form Type | Filing Level | Filing Method | Effective Date | Due Date |
|---|---|---|---|---|---|
| Italy | Self Assessment Payment Return | N/A | E-Filing (Agenzia Entrate) | 12/31/2023 | 06/30/2026 |
FAQs
Does the form support multiple stakeholder collaboration?
Orbitax’s Executable Actions Tool tax workflows allow users to invite data preparers and data reviewers to contribute data and review submissions, supporting efficient coordination between global and local tax teams.
Is Orbitax able to automatically populate Pillar Two calculation data for the forms?
Users with a Global Minimum Tax (GMT) license can pull relevant data directly from their Pillar 2 calculations, which are automatically mapped to the appropriate form fields.
Does the Form support Italian Language on the platform?
The form includes official versions in the local language, along with certified translation into English (where available), and filing guidance notes.
Can filings be transmitted directly to the Italian tax authority?
The platform supports direct Machine-to-Machine Transmissions of XML and PDF filings to the relevant tax authority portals, where permitted.