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Eingabehilfen

Author: Roberto Egori

Italy - Covid-19 Tax Alert - New incentive to boost the Italian NPL/UTP Market in 2020

The Italian Government has recently enacted Law Decree no. 18 of 17 March 2020, commonly known as the Cura Italia Decree (the “Decree”), which provides for some measures aimed at mitigating the economic consequences of the Covid-19 outbreak. In this context, we would like to bring to your attention the provision set forth by Article 55 of the Decree, which, if confirmed, could have a positive impact on the Italian NPL/UTP market.