Legislative Decree no. 108 amended the deadline for submitting income tax returns to within 10 months of the financial year end.
Legislative Decree no. 108 (dated August 5, 2024) amended the deadline for submitting income tax returns to within 10 months of the financial year end. Calendar-year taxpayers will thus have to file their 2023 tax returns by October 31, 2024.
The deadline was amended from within 11 months of the financial year end to within 9 months of the financial year end earlier this year. Read TaxNewsFlash
Consequently, as transfer pricing documentation (Master file and Local file) must be finalized (signed with an authorized electronic signature and stamped with a digital timestamp) before the income tax return is submitted, the deadline for the completion of transfer pricing documentation has also been extended.
Read a September 2024 report prepared by the KPMG member firm in Italy