Global Trade Alert
Global Trade Alert

Italy: Introduction of tax exemption scheme to support the hiring of young workers by private employers

Announcement

19 Jun 2023

In June 2023, the European Commission approved a EUR 422.35 million scheme to reduce the labour cost of hiring young workers (below 36 of age) by Italian companies. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

19 Jun 2023

Revocation date:

No revocation date

Tax or social insurance relief

On 19 June 2023, the European Commission approved a EUR 422.35 (USD 461) million Italian tax exemption scheme to incentivise the hiring of workers below 36 of age by private employers. According to th...

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