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Italy: New time-stamping requirement for PE accounts

Measure is expected to become effective soon.

july 27, 2026

A new legislative decree introduces a measure aimed at enhancing reliability and transparency in the reporting obligations of Italian permanent establishments (PEs) of nonresident entities.

Under the new measure, an Italian PE’s income statement and balance sheet must bear a legally certain date, no later than the deadline for filing the relevant tax return, through a qualified electronic time stamp or another legally recognized date-certification method. In addition, the relevant accounting data must be reported in a dedicated section of the tax return.

The measure is expected to become effective soon.

Read a July 2026 report prepared by the KPMG member firm in Italy

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