Italy's Council of Ministers Approves Decree-Law Providing Further COVID-19 Tax Relief Measures

Italy's Council of Ministers has announced decisions taken during its meeting on 7 August 2020, including the approval of a Decree-Law that introduces urgent measures to support and relaunch the economy in light of the COVID-19 pandemic.

One of the main measures is further relief for the suspension of certain tax and social security contribution payments. This includes that for payments suspended in March, April, and May, 50% may be paid by 16 September 2020 as a single payment or in 4 mont…