Italy's Council of Ministers has announced its approval in final examination of the legislative decree for the implementation of the required reporting and exchange of information on cross-border arrangements as per Council Directive (EU) 2018/822 (DAC6). The legislative decree was approved during the 22 July 2020 meeting of the Council and reportedly includes the 6-month deferral of initial reporting as provided by Council Directive (EU) 2020/876. With the deferral, the reporting of histori…