“CURA ITALIA” DECREE – MAIN FINANCIAL SUPPORT MEASURES FOR FAMILIES, WORKERS AND BUSINESSES

In short

Italian Decree Law No.18 of 17 march 2020 (“Cura Italia” Decree) was published in Official Journal No.70 of 17 March 2020 and entered into force on the same date.

The Decree sets out a series of urgent measures suspending and extending payments, tax obligations, tax audit and tax collection activities and tax disputes, and extending time limits for approval of financial statements (see our previous Tax Alert – Covid-19 Emergency: “Cura Italia” Decree – Emergency tax measures).

A series of additional financial support measures for families, workers and businesses associated with the COVID-19 epidemiological emergency have been set out and are covered by this circular.

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