Italian Revenue Agency Rulings Nos. 115 and 116 of 4 June 2026 provide an opportunity to examine certain aspects of the inheritance and gift tax exemption under Article 3(4-ter) of the TUSD. The article analyses an interpretative approach that tends to make the exemption conditional upon substantive requirements not expressly provided for by the statutory provision, potentially narrowing its scope of application and limiting the impact of the amendments introduced by the Italian tax reform.
Published in il fisco no. 31/2026 by Wolters Kluwer Italia.
