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Luxottica admitted to the Cooperative Compliance scheme with the Italian Revenue Agency
Milan, 29 December 2020 – Luxottica was admitted by the Italian Revenue Agency to the Cooperative Compliance scheme under legislative decree no. 128/2015.
The aim of the Cooperative Compliance scheme, in accordance with current legislation to prevent tax risk and permit a further increase in the level of certainty regarding important fiscal matters, is to strengthen the relationship of trust and transparency between Luxottica and the Italian Revenue Agency.
The admission to the scheme was preceded by an assessment performed by the Revenue Agency examining the full adequacy of Tax Governance and the Tax Control Framework adopted by Luxottica for the detection, measurement, management, and control of potential tax risk.
Adherence to this regime is part of a wider Luxottica strategy aimed at the preventative management of risk based on transparency with financial administrations at a global level for the benefit of all stakeholders.