![](https://loconteandpartners.it/wp-content/uploads/2018/11/Bloomberg-BNA.jpg)
by Stefano Loconte
The trust has been expressly regulated by the Italian Code on
income taxation since 2007: however, a comprehensive and clear
set of rules in the area of indirect taxation still remains to be
introduced. A review of the country’s tax treatment of trusts is now
finally underway.