Global Trade Alert
Global Trade Alert

Italy: Introduction of EUR 25 million tax credit scheme to support road transport companies in the context of Russia's invasion of Ukraine

Announcement

13 Oct 2022

In October 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

0 in force

Implementation date

13 Oct 2022

Revocation date:

No revocation date

Tax or social insurance relief

On 13 October 2022, the European Commission approved a EUR 25 million (USD 26.2 million) tax credit scheme from Italy. The aid will support companies operating in the land transport of freight in the ...

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