Italy: Relief measures suspend tax collection, extend digital services tax deadlines (COVID-19)
Italy: Relief measures suspend tax collection
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
- New wage subsidy measures
- A freeze on redundancies until 30 June 2021
- Allowances for seasonal workers in tourism sector, the spa industry, show business and sports industries
- Allowances for workers in the sports sector
- Emergency income
- Measures to safeguard vulnerable workers
- Extension or renewal of fixed-term employment contracts
The measures in the decree are effective 23 March 2021, but must be converted into law within 60 days of the decree’s publication in the official gazette (22 March 2021). It is possible certain measures could be amended during the legislative conversion process.
Read an April 2021 report [PDF 186 KB] prepared by the KPMG member firm in Italy
© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.