Liquidity Decree - Tax Support Measures
ThThe Italian Government has adopted Law Decree no. 23 of 8 April 2020 (the "Liquidity Decree"), published in the Official Journal of the Italian Republic no. 94 of 8 April 2020, which provides for additional measures to support companies in the current COVID-19 emergency.
The Liquidity Decree has four main goals1 :
- to strengthen liquidity for businesses;
- to provide for tax measures;
- to strengthen the Government’s special power in areas of strategic importance and avoid “predatory purchases”; and
- to ensure business continuity in going concern during this emergency period.
Click here to read the summary of the key tax measures introduced in Chapter IV (Tax measues) of the Liquidity Decree.
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