Skip to content
OrbitaxOrbitax

Italy Establishes Methods for Regularizing Non-Compliance with Global Minimum Tax Obligations

|Approved Changes|Italy
Italy

The Italian Revenue Agency has issued a release on the methods for multinational and large national corporate groups to use the voluntary disclosure (ravvedimento operoso) mechanism to spontaneously regularize any non-compliance with their Pillar 2 Global Minimum Tax (GMT) reporting and notification obligations. As previously reported, companies can use the voluntary disclosure mechanism to benefit from reduced penalties if certain conditions are met. For this purpose, Resolution No. 27 of …

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.