Global Trade Alert
Global Trade Alert

Italy: Introduction of tax credit scheme to support the textile, fashion and accessories sectors

Announcement

10 Nov 2021

On 10 November 2021, the European Commission approved a tax relief from Italy to support the textile,
fashion and accessories sectors. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

10 Nov 2021

Revocation date:

No revocation date

Tax or social insurance relief

On 10 November 2021, the European Commission approved a EUR 250 (USD 287) million tax relief scheme from Italy. The aid will support any company of any size operating in the textile, fashion, and acce...

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