Global Trade Alert
Global Trade Alert

Italy: Introduction of tax exemption scheme to support the theatre and live performance sectors

Announcement

19 Aug 2021

In August 2021, the European Commission approved a tax relief scheme from Italy in order to support the cultural sector facing liquidity constraints as a result of the COVID-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Aug 2021

Revocation date:

31 Dec 2021

Announced: 19 Aug 2021
Tax or social insurance relief
On 19 August 2021, the European Commission approved a EUR 10 (USD 12) million tax exemption scheme. The aid will support the theatre and live performance sectors whose companies can apply for a 90% ta...
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