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Italy Providing Further Tax Payment Suspension for COVID-19

|Approved Changes|Italy
Italy

Italy's Council of Ministers has announced the approval on 6 April 2020 of additional measures in response to COVID-19. One of the key tax measures is that the suspension of the payment of value added tax (VAT), social security contributions, and withholding on employee wages will be extended for the month of April and May 2020. This is being provided for taxpayers suffering losses of revenue, taxpayers in the most affected provinces, etc.

The terms of the suspension include that payments …

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