Italy: Extension of a tax exemption scheme to support the hiring of young people but with reduced support

Announcement

29 Dec 2021

On 29 December 2021, the Italian authorities notified the European Commission about the extension of a tax relief scheme aimed at supporting companies in hiring young people in the face of the COVID-19 pandemic. The amendment also provides for a budget increase of EUR 618.5 million.

Source

Number of interventions

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2022

Revocation date:

30 Jun 2022

Updated: 29 Dec 2021

Tax or social insurance relief

<p>On 29 December 2021, the Italian authorities notified the European Commission about an amendment to an Italian tax exemption scheme approved in September 2021 (see related state act)...

Related State Acts

16 Sep 2021

Italy: Introduction of a tax exemption scheme to support the hiring of young people

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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