Italy issues draft legislation for corporate income tax reform

27 November 2024|Tax Alerts, Legislation & Policy, National/Federal Taxation, Global|Italy

On 19 November, Parliament issued a favorable opinion with proposed recommendations to a Draft Legislative Decree submitted by the Government one month prior.
The Draft Decree, part of an ongoing broader tax reform, is aimed at significantly amending the Italian corporate income tax framework by specifically focusing on the elimination of existing mismatches between accounting and tax values as well as mitigating cases of tax arbitrage.
The Draft Decree intends to simplify and rationalize the tax …

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.