Italy: Introduction of EUR 526.5 million tax credit scheme to support road transport companies in the context of Russia's invasion of Ukraine

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Description

On 14 July 2022, the European Commission approved a EUR 526.5 million (USD 527 million) tax credit scheme from Italy. The aid will support companies operating in the land transport of freight in the c...

Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Jul 2022

Revocation date

03 Aug 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

Affected Products

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