Italy has published Law Decree No. 148 of 16 October 2017 in the Official Gazette. The Law Decree contains certain urgent tax and financial measures in relation to the 2018 Budget. The Law Decree entered into force on 16 October, but must be confirmed by parliament within 60 days to remain in force and converted into law.

The main tax measures are in relation to value added tax (VAT) and incl…