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Italy Amends Decree on CbC Reporting

|Approved Changes|Italy
Italy

Italy has published the Ministerial Decree of 8 August 2019 in the Official Gazette, which amends the Ministerial Decree of 23 February 2017 on Country-by-Country (CbC) reporting. The Decree amends Article 7 on the use of CbC reports to provide that further to being used by the Italian Revenue Agency for the assessment of transfer pricing and BEPS risks, CbC data may also be shared with the Department of Finance upon request for the purposes of economic and statistical analysis. Other provis…

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