Italy: Law directing the government to reform the tax system now effective
The law specifically directs the government to issue one or more legislative decrees to overhaul the tax system.
Law directing the government to reform the tax system now effective
Law no. 111 of 2023, which directs the government to reform the tax system, became effective 29 August 2023. The law was approved by the Council of Ministers on 16 March 2023. Read TaxNewsFlash
The law specifically directs the government to issue, within 24 months of its effective date, one or more legislative decrees to overhaul the tax system, which is one of the priorities identified in the National Recovery Plan.
The law is divided into three main sections—the general aims of the tax reform, the criteria for the reform of certain taxes, and the criteria for the reform of tax procedures and sanctions.
Read a September 2023 report [PDF 279 KB] prepared by the KPMG member firm in Italy
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