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Italy Publishes Decree-Law for Further Urgent Measures in Relation to COVID-19

|Approved Changes|Italy
Italy

Italy has published Decree-Law No. 137 of 28 October 2020 in the Official Gazette, which contains further urgent measures in relation to the COVID-19 emergency. The main tax measures include:

  • The tax credit for up to 60% of the rental fees paid for renting qualifying commercial properties for business activity is extended to cover fees incurred in October, November, and December 2020 for companies operating in impacted sectors specified in the Annex to the Decree-Law;
  • The second installment…