Italy has 103 tax agreements in force as reported in its response to the Peer Review questionnaire. Four of those agreements comply with the minimum standard.
Italy signed the MLI in 2017. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect. Italy has not listed its agreements with Albania, Belarus, Congo, Montenegro, North Macedonia, Oman, and Panama. These agreements will therefore not, at this stage, be modified by the MLI. Albania, North Macedonia, Oman and Panama have listed their agreements with Italy under the MLI.
Italy indicated in its response to the Peer Review questionnaire that steps have been taken (other than under the MLI) to implement the minimum standard in its agreements with Brazil, Norway and Uzbekistan*.
Italy indicated in its response to the Peer Review questionnaire that the agreements with Belarus, Congo, Ecuador*, Ethiopia*, Ghana*, Kyrgyzstan*, Montenegro, Mozambique*, Syria*, Tajikistan*, Trinidad and Tobago and Venezuela* do not give rise to material treaty-shopping concerns for Italy as they contain specific features and as Italy’s domestic anti-abuse legislation applies.
Italy is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1