Fabiola Rossi Steps Into the Spotlight at Italy’s Tax HQ
The Big Picture: When Fabiola Rossi was tapped last week to head the Italian Revenue Agency’s international dispute-resolution office, tax pros took notice. The seasoned transfer-pricing guru has mediated cross-border skirmishes from Ottawa to Osaka, and her new perch gives her a louder megaphone just as multinationals brace for Pillar Two and tariff turbulence.
The Details: Rossi’s résumé reads like a world tour of tax diplomacy,years spent coordinating joint audits and hammering out advance pricing agreements. Her mandate now is to "streamline cross-border dispute resolutions," Meyka reports. That means fresh guidance on transfer pricing, a pain point for Canadian, Irish, and U.S. groups with Italian subsidiaries. Observers expect quicker MAP timelines and more consistent positions on hard-to-value intangibles.
Why It Matters: The reaction was swift. Advisory firms flagged the appointment in client alerts, noting Italy’s growing seat at the OECD table. "Consistent policies reduce surprises in the audit room," one Big Four partner told Meyka, underscoring the value of staying updated with the latest comprehensive tax reform legislation. For CFOs juggling global supply chains, and a looming 15% minimum tax, predictability is priceless.
Around the Tax World
- Irish firm bulks up on cross-border know-how. RBK’s new transfer-pricing specialty is "already running hot," tax head Ronan McGivern told Business Plus. Clients want help navigating Pillar Two calculations and U.S. tariff knock-ons.
- UAE rewires its refund rules. Amendments to Federal Decree-Law No. 28 will let companies request VAT and corporate-tax refunds faster and extend audit windows from 5 to 7 years, starting January 1, 2026 (Travel and Tour World).
- Swiss voters slam a 50% mega-inheritance tax. An eye-popping 79% said "nein" to taxing estates above CHF 50 million, a proposal aimed at funding climate projects (Devdiscourse).
- OECD warns Spain: mind the pension gap. Without new fixes, Madrid faces "higher taxes, lower pensions and later retirement," the Paris body said in a stark fiscal health check (Spak.ng).
By the Numbers
Prime Number: 79% , the share of Swiss voters who rejected the inheritance-tax referendum, underscoring the Alpine nation’s aversion to wealth levies.
Looking Ahead
All eyes now turn to January 2026, when the UAE’s revamped procedures kick in and Rossi’s team is expected to publish its first set of transfer-pricing FAQs. Multinationals, start your (spread) sheets.