The Italian government has issued the final draft of its ‘internationalisation decree’ (the Decree), which gives practical application to sections of the tax framework approved by the Italian parliament last year (Law 23/2014). Certain provisions in the package will impact foreign investors in real estate in particular.
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The EU has seemingly capitulated to the US’s ‘side-by-side’ demands. This may be a win for the US, but the uncertainty has only just begun for pillar two
ITR’s most prolific stories of the year charted public pillar two spats, the continued fallout from the PwC Australia tax leaks scandal, and a headline tax fraud trial
The climbdowns pave the way for a side-by-side deal to be concluded this week, as per the US Treasury secretary’s expectation; in other news, Taft added a 10-partner tax team