On 19 March 2021, Italy's Council of Ministers issued a release announcing its approval of a Decree-Law on urgent measures to support business, labor, health, and local services in relation to the COVID-19 emergency.
The main tax-related measure is a non-repayable grant for VAT registered persons carrying out business, art, or professional activities, as well as for non-commercial and third sector entities, without any sectoral limitations or constraints based on economic activities. The g…