Italy Gazettes Decree Implementing Provisions on Reporting, Payment Obligations Regarding Supplementary Taxation Under Pillar 2

The Italian Official Gazette Nov. 10 published a decree implementing provisions on reporting and payment obligations regarding supplementary taxation under Pillar Two. The decree includes measures: 1) specifying which types of entities are required to file tax returns; 2) specifying the content that should be included in tax returns; 3) requiring specific persons to keep the accounting and non-accounting documentation used for completing tax returns; 4) requiring tax returns to be transmitted electronically to the Tax Agency by the 15th month following the last day of the relevant financial year; 5) providing rules and procedures for paying the supplementary minimum ...