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Italy: Introduction of a tax exemption scheme to support the hiring of young people

Description

On 16 September 2021, the European Commission approved a EUR 1 238 (USD 1 462) million tax exemption scheme from Italy. The aid will support any company of any sector in order to support the hiring of...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Sep 2021

Revocation date

31 Dec 2021

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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