DAC6 Country Profile: Italy

Register for our DAC6 email updates

Italian Parliament
In light of the COVID-19 pandemic, Italy is set to decide how they will be deferring DAC6

Each EU Member State had until 31 December 2019 to transpose DAC6 into local laws and legislation. A letter of formal notice was issued by the EU Commission to 15 EU Member States detailing the infringements of DAC6 application into local law.

We are publishing a series of guides on how each EU member state is implementing DAC6. These guides will cover each country’s decision regarding postponing DAC6 reporting by up to six months. The guide provides a preview to our full up-to-date country-by-country guide to DAC6.

Our next guide focusses on the Italy’s implementation of DAC6.

Has Italy implemented DAC6?

Legislation Details

Italy’s tax authority, Ministero dell’Economia e delle finanze (Ministry of Economy and Finance), published DAC6 draft legislation, called Schema di Decreto Legislativo Recante Attuazione Della Direttiva (UE) 2018/822, del Consiglio, del 25 Maggio 2018, recante modifica della Direttiva 2011/16/UE per quanto riguarda lo scambio automatico obbligatorio di informazioni nel settore fiscale relativamente ai meccanismi transfrontalieri soggetti all’obbligo di notifica, on 29 January 2020. A second draft of the legislation is now available.

Taxes covered

Italy’s legislation covers cross-border arrangements. The legislation is in line with the EU Directive and does not include domestic arrangements or any additional hallmarks.

Download country profile

DAC6 resource page

VinciWorks regularly publishes helpful guides, on-demand webinars and articles related to DAC6. These resources are regularly updated as HMRC and other authoritative bodies update their guidance on DAC6 implementation. We will also be adding all of our DAC6 country profiles to the resource page.

You can view all of our DAC6 compliance resources by clicking on the button below.

DAC6 resource page