- Italy’s tax authorities updated guidelines for the tax control framework on 7 August 2025
- The framework is for detecting, measuring, managing, and controlling tax risks
- It is intended for taxpayers in the cooperative compliance programme
- The programme aims to enhance communication and cooperation with tax authorities
- Taxpayers in the programme must implement an adequate tax control framework
- Guidelines were updated in collaboration with the Italian Accounting Body
- Updates include technical sheets for early withdrawal from commodity swap contracts, surface rights, and zero-coupon convertible bonds
- Guidelines were also issued for implementing and certifying the framework for eligible enterprises in the insurance sector
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
