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Italian Law Decree with Extra Depreciation Allowance Rules and Reduced Tax Rate for Reinvested Profits Converted into Law

|Approved Changes|Italy
Italy

Italy has published Law No. 58 of 28 June 2019 in the Official Gazette, which converts Law Decree No. 34 of 30 April 2019 into law ({News-2019-05-07/A/6-previous coverage}). The main measures of the Law Decree are generally maintained in the final Law, including rules for the extra depreciation allowance and reduced corporate tax rates for reinvested profits. However, some amendments are made with respect to individual income tax, including a change in the deadline for electronic returns fro…

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