Tremonti Romagnoli Piccardi e Associati sent its comments to the Italian Tax Authority in the context of the public consultation regarding the circular letter draft aimed at providing “clarifications on the step-up and tax realignment legislation under article 110 of the decree-law of 14 August 2020, no. 104 of August 14, 2020, converted, with amendments, by Law No. 126 of October 13, 2020, and the step-up regime for the hotel and spa sectors under Article 6-bis of Decree-Law No. 23 of April 8, 2020, converted, with amendments, by Law No. 40 of June 5, 2020“.