A ministerial decree, published in the official gazette on 8 March 2017, implements the rules of Law no. 208/2015 with respect to country-by-country (CbC) reporting in Italy. The CbC reporting applies for FY 2016.
The decree sets forth provisions addressing:
The Italian tax authorities will exchange CbC reporting information with other tax authorities within 15 months of the year at issue (except for FY 2016, which will apply 30 June 2018 or 18 months after the year-end).
Read a March 2017 report [PDF 166 KB] prepared by the KPMG member firm in Italy
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