14 January 2016 Quarterly Tax Developments publication corrected The updated edition of Quarterly Tax Developments published January 6, 2016, reported that Italy's corporate income tax decreases to 24.5% from 27.5% beginning with fiscal year 2016. In fact, Italy's corporate tax rate remains 27.5% for fiscal year 2016. The publication has been corrected and can be accessed through Tax Alert 2016-22. Document ID: 2016-0094 |