Italy to pilot a cooperative compliance program for large business taxpayers

European Tax Newsalert

The Italian Revenue Agency on June 25, 2013, launched a pilot project to design a framework for implementing a cooperative compliance program for “Large Business Taxpayers.” In line with recent OECD recommendations, the project requires commitment from both taxpayers and the Revenue Agency to deal with each other in a transparent and cooperative manner, with a view to more efficient tax risk management. The project also will seek to identify the main features of an effective tax control framework.

Taxpayers wishing to participate in the program should apply by July 31, 2013. The Revenue Agency will accept only a limited number of participants in the pilot project, so filing an application will not guarantee acceptance.



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