Italy : Introduction of EUR 34.4 million tax exemption scheme to support companies in certain sectors affected by the Ukrainian crisis

Announcement

24 Nov 2022

In November 2022, the European Commission approved a scheme to support Italian companies operating in the sectors of iron and steel, wood, ceramics, automotive, and agribusiness.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Nov 2022

Revocation date:

31 Dec 2023

Updated: 24 Nov 2022

Tax or social insurance relief

On 24 November 2022, the European Commission approved a EUR 34.4 million (USD 35 million) tax exemption scheme from Italy. The aid will support all Italian companies o...

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)

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