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Italy: Introduction of tax exemption scheme to support travel agencies and tour operators

Description

On 22 June 2022, the European Commission approved a EUR 56.25 million (USD 59.53 million) tax exemption scheme from Italy. The aid will support all travel agencies, tour operators, and ticket reservat...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Jun 2022

Revocation date

30 Jun 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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