Announcement
06 Oct 2020
In October 2020, the European Commission approved a partial exemption from the payment of social security contributions to employers located in the Southern regions of Italy, which have been the most affected by the COVID-19 pandemic. The estimated budget amounts to EUR 1,487.5 million (approx. USD 1,749 million).
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
06 Oct 2020
Revocation date:
18 Feb 2021
End prolongation: 30 Jun 2021
Tax or social insurance relief
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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Related State Acts
Announced: 29 Dec 2021
Italy: Second budget increase and extension of social security exemption scheme to support enterprises in Southern Italy regions (COVID-19)
Removed: 31 Dec 2021
Italy: Extension of social security reduction scheme to support enterprises in Southern Italy regions (COVID-19)
Announced: 19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
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