Announcement
24 Jun 2022
In June 2022, the European Commission approved a tax advantage scheme from Italy to support companies in the Southern regions affected by the socio-economic consequences of the current economic crisis as a result of the Russian invasion of Ukraine.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
0 in force
Implementation date
24 Jun 2022
Revocation date:
No revocation date
Tax or social insurance relief
On 24 June 2022, the European Commission approved a EUR 2.8 billion (USD 2.9 billion) tax exemption scheme from Italy. The aid will support all private employers irrespective of their size or economic...
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Related State Acts
24 Mar 2022
EU: Commission adopts state aid Temporary Crisis Framework to provide financial support in the context of the Russian invasion of Ukraine (extended until 2023)
06 Dec 2022
Italy: Extension and budget increase of tax exemption scheme to support companies of the country's Southern regions
15 Dec 2023
Italy: Second extension and budget increase of tax exemption scheme to support companies of the country's Southern regions
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