Tag: Italy
-
Country-by-Country Reporting (CbCR – DAC4) – What it is
The Council Directive (EU) 2016/881 of May 25, 2016, introduced provisions for the mandatory automatic exchange of information in the tax sector. Article 1, paragraphs 145 and 146 of the Law No. 208 of December 28, 2015 (Stability 2016), established that the ultimate parent entity of a multinational group, resident in the territory of the…
-
Country-by-Country Reporting (CbCR) Regulation in Italy
Country-by-Country Reporting (CbCR) is a critical element of international tax compliance for multinational enterprises (MNEs). In Italy, the Agenzia delle Entrate (Italian Revenue Agency) has implemented specific guidelines aligned with the OECD’s Base Erosion and Profit Shifting (BEPS) Action 13. This article provides Chief Financial Officers (CFOs) and financial executives with a comprehensive understanding of…
-
How CbC reporting is presented in Italy
Imagine you’re the owner of a pizza restaurant chain that operates in Italy and other countries. You want to expand your business and open new locations, but you’re also committed to paying your fair share of taxes in each country where you operate. This is where CbC reporting comes in. CbC reporting is like making…
CbC Reporting 