Italy has published Law Decree No. 34 of 19 May 2020 in the Official Gazette, which provides additional urgent measures in response to the COVID-19 emergency. The Law Decree is referred to as the "Relaunch Decree". Measures of the decree are summarized as follows:
IRAP Payment Exemptions
One of the main measures is an exemption from making the balance payment of regional tax on productive activities (IRAP) for the tax period in progress on 31 December 2019, which is available for qualifyi…