On 11 December 2017, the Italian Revenue Agency issued Provision No. 288555, which provides an extension for the submission of CbC reports relating to the year 2016. The measure provides that CbC reports will be considered validly submitted if submitted to the Revenue Agency within 60 days of the measure, which would be 9 February 2018.
The extension provision refers to reporting tax periods beginning on or after 1 January 2016 and ending before 31 December 2016. It is assumed, however, th…