In an attempt to align the Italian tax rules with international standards and attract more foreign investment, considerable amendments regarding the Italian CFC rules have been enacted, including new rules for identifying blacklisted countries and computing CFC income. In addition, new procedural rules have been introduced concerning tax assessments.
This article focuses on a selection of clarifications provided by the Italian tax authorities in Circular No. 35/E of 4 August 2016.
La lettura integrale dell'articolo è riservata agli abbonati de Il Penalista - Giuffrè, per maggiori informazioni, clicca qui.