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Italy: Introduction of EUR 6.3 billion "Transition Plan 5.0" to support the green and digital transitions of companies

Description

On 26 February 2024, the Council of Ministers of Italy signed into law the Transition Plan 5.0 (Piano Transizione 5.0 in Italian) allocating EUR 6.3 (USD 6.8) billion in tax credits to Italian busines...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Feb 2024

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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