BELLOCCHIO ed altri: Norme per il contenimento della erosione delle basi imponibili ai fini delle imposte sul reddito e della imposta sul valore aggiunto

This legislative act focuses on preventing tax base erosion, aiming to stop companies and individuals from using loopholes to avoid paying income tax and value-added tax (VAT). It seeks to ensure a fairer tax system by closing gaps that allow profits to be shifted to low-tax jurisdictions. This procedure primarily affects corporate entities and high-income taxpayers. It introduces stricter rules on how taxable income is calculated and how VAT is applied to prevent revenue loss for the state.