Abroad reform of the Italian corporate tax system has been carried out by Legislative Decree 344 of December 12 2003, which amended Presidential Decree 917 of December 22 1986 (the Italian tax code or ITC) pursuant to Delegation Law 80 of April 7 2003. The new Italian corporate income tax (IRES) will be effective from the first fiscal year beginning on or after January 1 2004.
February 01 2004