The Finance Department of Italy's Ministry of Economy and Finance has published guidance (FAQ) regarding declaration and payment requirements for the local (municipal) real estate tax (IMU) considering the relief measures introduced in response to COVID-19. One of the key questions addressed is whether taxpayers that were exempted from IMU in 2020 are required to submit a declaration in 2021 for 2020. In response, it is provided that the IMU declaration for 2020 must still be submitted, with…