Announcement
14 Jul 2022
In July 2022, the European Commission approved a tax credit scheme from Italy to support companies in the road transport sector 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
Implementation date
14 Jul 2022
Revocation date:
03 Aug 2023
Updated: 14 Jul 2022
Tax or social insurance relief
On 14 July 2022, the European Commission approved a EUR 526.5 million (USD 527 million) tax credit scheme from Italy. The aid will support companies ope...
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Related State Acts
03 Aug 2023
Italy: Budget increase for the tax credit scheme to support road transport companies in the context of Russia's invasion of Ukraine
13 Oct 2022
Italy: Introduction of EUR 25 million tax credit scheme to support road transport companies in the context of Russia's invasion of Ukraine
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)
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