The new draft guidelines on taxation of trusts
The International Family Offices Journal
Vol. 6 - Iss. 3 pp. 44–46
On 11 August 2021, the Italian Revenue Agency published a draft Circular Letter (hereinafter the Draft) dealing with the taxation of trusts. The Draft was published for public consultation, which closed on 30 September 2021. This article sets out to comment on the most important points arising from the Draft.