Newsalert Tax - Exemption of Italian-sourced dividends and capital gains derived by EU undertakings for collective investment (Article 1(631-333) of 2021 Budget Law)

Article 1(631-633) of Law No. 178 of 30 December 2020 (“2021 Budget Law”) introduced favourable tax provisions for undertakings for collective investment established outside of Italy and investing in Italian resident companies.

See an analysis on the topic by our Tax Department