As previously reported, the Italian government was empowered to implement various tax reforms by Law No. 11 of 9 August 2023, which entered into force on 29 August 2023. One particularly important reform the government has been empowered to implement is the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022 (previous coverage). As stated in the law, this includes, among others, a national minimum tax payable in relation to all companies in Ita…