In response to the outbreak of COVID-19, the Italian government has introduced short and long term measures and restrictions supporting citizens and businesses to tackle the social and economic impact:
  • the “Cura Italia” Decree (i.e. Law Decree 17 March 2020, no. 18, the “Decree”), that provides measures to address the economic impact of the Covid-19 emergency on workers, families and businesses.
  • the “Decreto liquidità” (i.e. Law Decree 8 April 2020, no. 23, the “Decree”), that provides further measures, for example, providing liquidity to companies, the postponement of tax obligations, temporary exemptions from certain mandatory provisions of Italian corporate law. 
The Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili (CNDCEC) research foundation synthetic document summarizes the most important measures contained in the two decrees here.
Article published in the professional magazine EUTEKNE here.
Source: International Section of CNDCEC website.