Italy Amends CFC Rules in Relation to Pillar 2 Global Minimum Including New 15% Effective Tax Rate Option and Substitute Tax Option
As previously reported, Italy's Council of Ministers approved the legislative decree for the implementation of tax reforms regarding international taxation on 19 December 2023. This includes, among other things, the implementation of the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022. In relation to this, the legislative decree also amends t…
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