Executive summary
On 20 November 2020, the Italian Government issued an updated version of the draft of the budget law for the year 2021 (Draft). The Italian Budget Law is currently under discussion within the Italian Parliament and expected to be approved by the end of December 2020. Future Alerts will cover any relevant changes and additions to such Draft that may occur until the date of final approval by the Italian Parliament.
The most relevant tax measures contained in the Draft relate to:
i. …