Tax Management

In the Banca Ifis Group‘s approved Consolidated Financial Statements for FY 2024, direct taxes of 82 million Euro were recorded, almost all of which were in Italy.

In addition to this, deductions and contributions were paid for more than 1.900 employees. This testifies to the Group’s ongoing and enduring commitment to supporting the country system.

Operatively, in compliance with regulatory requirements, the Group has defined internal guidelines for the uniform centralised management of taxation, setting up dedicated teams for this purpose that fulfil all tax and contribution requirements dictated by the Italian legislator.

For any particularly important matters, the Group requests the opinion of external professionals or consults the competent tax authorities through the procedures permitted by law.

The Group guarantees full cooperation, transparency and fairness in its relations with the tax authorities, in full adherence to the international guidelines dictated by the OECD.