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Italy has granted non-domiciled status to a taxpayer for the first time, after introducing a new non-dom regime at the start of the year. Read Full Story
Italy should lower its income taxes and shift revenue collection towards property and consumption taxes, the International Monetary Fund has said. Read Full Story
Turkey is the jurisdiction with the world's most complex tax and accounting requirements, according to a new report by TMF Group. Read Full Story
Euro zone countries should lower labor taxes to boost employment and productivity and hike indirect taxes, a new report from the International Monetary Fund says. Read Full Story
The Italian financial police, Guardia di Finanza, has requested further details on undeclared bank accounts held by Italian citizens from the Swiss authorities. Read Full Story
Italy has cut the tax burden on performance-based payments received by investment fund managers and payments to such entities' limited partners. Read Full Story
Italy should lower its employment taxes by increasing consumption and property taxes, the International Monetary Fund has said. Read Full Story
Twenty EU member states have reached a deal on the establishment of a new European Public Prosecutor's Office that will have the power to investigate and prosecute criminal cases affecting the EU budget. Read Full Story
Switzerland has explained how it will amend its double tax agreements, after it signed the OECD's new multilateral tax compact to implement anti-base erosion and profit shifting measures. Read Full Story
Tax experts have highlighted the increasing importance of substance in the fund management sector in view of the OECD's base erosion and profit shifting project recommendations. Read Full Story
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