Italian Revenue Agency Approves Form and Procedures for Banks, Financial Intermediaries, and Insurance Companies to Claim Refunds of Overpaid IRAP on Dividends

The Italian Revenue Agency has published the Order (Provision) of 22 April 2026, which approves the form and procedure for banks, financial intermediaries, and insurance companies to claim a refund of regional tax on productive activities (IRAP) paid on dividends received from EU or EEA countries. This was established as part of the 2026 Budget Law (Law No. 199 of 30 December 2025) in response to a judgment of the Court of Justice of the European Union (CJEU) issued on 1 August 2025. As pre…