Italy Converts Decree-Law No. 73 into Law Including Further Tax Payment Extensions and Other Amendments

Italy has published Law No. 106 of 23 July 2021 in the Official Gazette, which converts into law, Decree-Law No. 73 of 25 May 2021 on additional urgent measures to support business, labor, young people, health, and local services in relation to the COVID-19 emergency. As previously reported, this includes an exceptional increased Allowance for Corporate Equity (notional interest) deduction, measures for a new non-repayable grant for VAT registered persons, a tax credit for rental fees paid f…