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The COVID-19 lockdown implemented in Italy in the past months has now been reduced. From May 18, many business and offices have been allowed to resume operations, provided they are able to comply with new health regulations. Furthermore, from June 3, movement within the country will be allowed over the regional borders, while movement in and out of the external borders of Italy will be restored in phases from June 3 and June 16 onwards, depending on the country of origin/destination.
A Tax Alert prepared by EY’s People Advisory Services group, and attached below, provides additional details.