Announcement
10 Nov 2020
In November 2020, the European Commission approved a EUR 481.1 million (approx. USD 572 million) aid scheme consisting of an exemption for Italian employers from the payment of their social security contributions, for a maximum of four months, until 31 December 2020. The measure aims at supporting employers negatively affected by the COVID-19 pandemic in Italy.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
10 Nov 2020
Revocation date:
30 Jun 2021
End prolongation: 30 Jun 2021
Tax or social insurance relief
On 10 November 2020, the European Commission approved an aid measure consisting of the exemption for Italian private companies from the payment of social security contributions arisen before 31 Decemb...
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Related State Acts
Announced: 08 Dec 2021
Italy: Introduction of social security contribution exemptions until 30 June 2022 for employers
Announced: 23 Feb 2021
Italy: Introduction of social security payment exemptions for January 2021 to support Italian employers (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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