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Italy: Introduction of tax exemption scheme to support the hiring of young workers by private employers

Description

On 19 June 2023, the European Commission approved a EUR 422.35 (USD 461) million Italian tax exemption scheme to incentivise the hiring of workers below 36 of age by private employers. According to th...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Jun 2023

Revocation date

31 Dec 2023

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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