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Italy: EC approves social security payment reductions for enterprises in the regions of Southern Italy (COVID-19)

Description

On 6 October 2020, the European Commission approved a partial exemption from the payment of social security contributions to employers located in the regions of Southern Italy. With an estimated budge...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

06 Oct 2020

Revocation date

18 Feb 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

location-specific

Affected Trading Partners

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