ITALIAN LEGISLATIVE DECREE 209 OF 27 DECEMBER 2023 – INTERNATIONAL TAXATION DECREE

In brief

Italian Legislative Decree 209 of 27 December 2023, published in Italian Official Journal 301 of 28 December 2023, amended or introduced various rules on international taxation in implementation of the enabling act contained in Italian Law 111 of 9 August 2023.

The main changes include:

  • amendments to the rules governing the residence of natural persons;
  • amendments to the rules governing the residence of companies and entities;
  • review of the regulations governing controlled foreign companies (CFC);
  • rewriting of the tax relief for workers relocating to Italy (inpatriates);
  • introduction of tax relief for business activities returning to Italy from non-EU states;
  • implementation of the global minimum taxation for multinational enterprise groups (assimilation of Directive 2022/2523/EU).

Download Alert