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Italy: Introduction of tax exemption scheme to support the hiring of individuals under the Citizens' Income social welfare system

Description

On 31 October 2023, the European Commission approved a EUR 61.5 (USD 65) million Italian tax exemption scheme to incentivise the hiring of beneficiaries of the Citizens’ Income scheme. The Citizens’ I...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Oct 2023

Revocation date

30 Jun 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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