Italy Enacts FATCA Order and Modifies Deadline

April 24, 2017 Becca Haile

The Italian Internal Revenue Service has published a newly enacted order relative to the implementation of FATCA for this year’s filing season.

This order updates the technical annexes, replacing the previous ones that were used for the last year’s filing. The new specifications are intended to reflect the changes to the IRS FATCA XML Schema that went into effect in January.

Additionally, the order changes the filing deadline for Tax Year 2016 account information from April 30 to May 31, 2017.

There have been several revisions to Italy’s technical specifications, which may be found on pages 7-11 in the Method of Data Transfer and Completion under FATCA 2.0 publication. XML and XSD files for the updated specifications are also available for download.

The post Italy Enacts FATCA Order and Modifies Deadline appeared first on Sovos.

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