Marina Lombardo

In Italy, new rules came into force regarding the structure, content and submission of the transfer pricing documentation. These changes apply to both the master file and the local file and have significant implications for the taxpayer.

Following the 2021 Italian Budget Law, dividends and capital gains deriving by certain foreign EU/EEA UCIs are not subject to Italian taxation, either by way of WHT or substitute tax, starting from January 1, 2021.

In this article you will learn more about the newly introduced withholding tax exemptions on dividends and capital gains in Italy.