Italy Extends Voluntary Disclosure Application Deadline

On 4 August 2017, Italy published in the Official Gazette the Decree of 28 July 2017 from the President of the Council of Ministers. The Decree extends the deadline from 31 July 2017 to 30 September 2017 to apply for the voluntary disclosure program that was reopened by Law Decree No. 193/2016 and converted into law by Law No. 225/2016 ({News-2016-11-02/A/4-previous coverage}). The Decree does not modify the payment deadline, however, which is 30 September 2017 for a lump sum or the first in…