Global Trade Alert
Global Trade Alert

Italy: Budget increase for the tax credit scheme to support road transport companies in the context of Russia's invasion of Ukraine

Announcement

03 Aug 2023

In August 2023, the European Commission approved an amendment to the 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.

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

03 Aug 2023

Revocation date:

No revocation date

Tax or social insurance relief

On 3 August 2023, the European Commission approved an amendment to an Italian tax credit scheme originally approved in July 2022 (see related state act). With that amendment, the budget is increased b...

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