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INCOME TAXES - Narrative (Details) € in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2020 installment | Dec. 31, 2022 EUR (€) | Dec. 31, 2021 EUR (€) | Dec. 31, 2020 EUR (€)
Income Taxes [Line Items] |  |  |  |
Income tax expense (benefit) |  | € 238,472 | € 209,095 | € 58,155
Applicable tax rate (percent) |  | 24.00% | 24.00% | 24.00%
Deferred tax assets |  | € 203,382 | € 168,757 |
Deferred tax liabilities |  | € 126,507 | € 95,973 |
Effective tax rate |  | 20.20% | 20.10% | 8.70%
IRAP applicable tax rate (percent) |  | 3.90% | 3.90% | 3.90%
Aggregate amount of temporary differences related to remaining distributable earnings of subsidiaries |  | € 268,923 | € 186,806 |
Voluntary Step-up of Tangible and Intangible Assets |  |  |  |
Income Taxes [Line Items] |  |  |  |
Income tax expense (benefit) |  |  |  | € (74,700)
Applicable tax rate (percent) | 3.00% |  |  |
Deferred tax asset utilization period | 50 years |  |  |
Number of tax payments | installment | 3 |  |  |
Voluntary Step-up of Tangible and Intangible Assets | Minimum |  |  |  |
Income Taxes [Line Items] |  |  |  |
Deferred tax asset, utilization period, extension period | 18 years |  |  |
Voluntary Step-up of Tangible and Intangible Assets | Maximum |  |  |  |
Income Taxes [Line Items] |  |  |  |
Deferred tax asset, utilization period, extension period | 50 years |  |  |

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- Definition The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2022-03-24 -Paragraph 81 -Subparagraph g -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=12&code=ifrs-tx-2022-en-r&anchor=para_81_g_i&doctype=Standard -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 54 -Subparagraph o -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_54_o&doctype=Standard -URIDate 2022-03-24 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 56 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_56&doctype=Standard -URIDate 2022-03-24 + Details
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- Definition The aggregate amount of temporary differences associated with investments in subsidiaries, branches and associates and interests in joint arrangements, for which deferred tax liabilities have not been recognised as a result of satisfying both of the following conditions: (a) the parent, investor, joint venturer or joint operator is able to control the timing of the reversal of the temporary difference; and (b) it is probable that the temporary difference will not reverse in the foreseeable future. [Refer: Associates [member]; Subsidiaries [member]; Temporary differences [member]; Investments in subsidiaries reported in separate financial statements] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2022-03-24 -Paragraph 81 -Subparagraph f -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=12&code=ifrs-tx-2022-en-r&anchor=para_81_f&doctype=Standard -URIDate 2022-03-24 + Details
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