Italian Coronavirus Outbreak “Cura-Italia” Decree: Tax Implications and Fiscal Incentives

Worldwide countries are taking measures to deal with the impact of Covid-19 into their local economies.

The Health emergency that Italy is facing, due to the COVID-19 (Coronavirus) outbreak, is producing a significant economic impact.

Nearly every Italian enterprise is witnessing the impact of COVID-19 on their economic activity, global supply chains, and profitability and, the virus will likely be affecting the way in which the enterprises diversify their sourcing activity.

As a consequence, the Italian Government is adopting a range of fiscal stimuli, which include tax concessions, incentives, and rebates.

Here you will find a brief outline on some of the measures taken.