San Marino has published Delegated Decree No. 113 of 9 August 2024 on the simplified tax regime for commercial activities of foreign companies active in the retail trade sector (foreign retailers), which was published and entered into force on 9 August 2024. The regime provides that qualifying foreign retailers may opt for the simplified regime for the first 24 months of operation in San Marino, which includes the application of a substitute tax at the rate of 12% on the value of sales made.…