The new U.S. FATCA legislation and implementing inter governmental agreements granting reciprocal and automatic exchange of financial information between tax administrations will make international tax reporting and compliance mandatory and unavoidable, and will tax authorities with formidable tools for international audits and enforcement activities.
Continue Reading Reciprocal Inter Governmental Agreement Will Introduce Automatic and Reciprocal US-Italy Disclosure and Exchange of Information For Tax Purposes
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Italy Extends Deadline for Voluntary Compliance Program
Italy Extends Deadlines for Voluntary Disclosure of Undeclared Foreign Assets Program…
Continue Reading Italy Extends Deadline for Voluntary Compliance Program