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Italy: Guidance on Pillar Two compliance

22 FAQs providing guidance on the domestic Pillar Two tax return

July 31, 2026

The Italian Revenue Agency’s released 22 FAQs providing guidance to taxpayers on the domestic Pillar Two tax return, which was due for the first time on June 30, 2026.

The guidance clarifies several aspects of the new compliance regime, including penalties, voluntary compliance procedures, and the application of transitional relief.

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

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