Tax measures in a law decree—Decree Law no. 41 of 22 March 2021—are intended to provide relief in response to the coronavirus (COVID-19) pandemic.
Among the tax relief provisions in the decree are the following:
- Extension of tax-collection suspension and automatic cancellation of tax bills of up to €5,000
- Extension of the digital services tax deadlines
- Extension of the electronic archiving deadline
Source KPMG
Latest Posts in "Italy"
- Italian Supreme Court Rules Non-Deductible VAT on Non-Existent Transactions Not a Business Expense
- Legislative Decree on Third Sector, Business Crisis, Sports, and VAT: Proposed Amendments to VAT Deductions
- Company in Liquidation: VAT Deduction Allowed on Late Invoices for Liquidation Activities
- Resolution No. 50: Refund of Undue VAT (Article 30-ter of Presidential Decree No. 633/1972)
- Commercial Property Conversion to Residential: VAT Deduction Adjustment Required Under Italian Tax Law
