Italy: Exemption from social security contributions to reduce the labor costs of private employers (COVID-19)

Announcement

14 Jul 2021

In July 2021, the European Commission approved an Italian tax break scheme to support Italian private employers in overcoming the liquidity needs resulting from the Covid-19 pandemic.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Jul 2021

Revocation date:

31 Oct 2021

Updated: 14 Jul 2021

Tax or social insurance relief

On 14 July 2021, the European Commission approved a EUR 878.4 million (USD 10.3 billion) tax relief scheme from Italy. The aid will support all businesses from all sectors (with a few exceptions) irre...

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