(AGENPARL) - Roma, 27 Dicembre 2023 - (AGENPARL) – mer 27 dicembre 2023 TERNA IS THE FIRST ITALIAN COMPANY CERTIFIED FOR
ADMINISTRATION, FINANCE AND CONTROL PROCESSES
The power grid operator also admitted to the Italian Revenue Agency’s Collaborative Compliance
scheme for special dialogue on tax issues
certification for the management and internal control of administrative and accounting processes for
the parent company Terna S.p.A. and its subsidiaries. The national power grid operator has also
been admitted to the Italian Revenue Agency’s Collaborative Compliance tax scheme, heralding a
closer relationship of trust with the Italian tax Authority and transparent dialogue on significant tax
issues.
that the Group led by Giuseppina Di Foggia implements strong governance of all administrative and
tax matters and related control processes. The certification also enhances the company’s efforts to
fine-tune its financial reporting procedures and validates the absolute professionalism and reliability
of Terna staff responsible for the administration, finance and control services.
Terna has also recently been admitted to the Collaborative Compliance tax scheme run by the Italian
Revenue Agency, giving the Company new status as a special interlocutor with the Agency. Terna’s
admission to the scheme after appraisal by the tax Authority brings into being a proper corporate
system for detecting, managing, controlling and mitigating situations that could create tax risks.
Admission to the Collaborative Compliance scheme is expected to bring more certainty on significant
tax issues through ongoing, preventive dialogue with the Italian Revenue Agency and shared
assessment of situations likely to create tax risks. This important development also means that
management of the tax variable will be one of the Group’s indicators of excellence, also in ESG
terms, since tax revenues are an important contributor to the country’s economic and social
development.
The Italian Revenue Agency’s announcement of the admission decision places Terna among those
companies, listed on the Agency’s website, that operate in full transparency with the tax Authority.