On 29 January 2021, the Italian Revenue Agency issued a press release announcing that the Italian guidance relating to Mandatory Disclosure Rules (MDR) (in its final version) will be issued soon and will clarify that no penalties will be applied for late filing provided the submissions of reportable arrangements are made by 28 February 2021.
The text of the press release indicates that the Ministerial Circular including Italian guidance will be issued soon, after the completion of pending ev…