On 24 October 2016, Law Decree No. 193/2016 was published in Italy's Official Gazette. The Law Decree provides new rules for the filing of amended returns and the settling of tax debts, reopens the voluntary disclosure program, and changes the authority for the collection of taxes. It entered into force the date it was published.
Amended Returns
Taxpayers are now allowed to file amended tax returns to correct mistakes or adjust taxable income at any time before the expiration of the standa…