Global Trade Alert
Global Trade Alert

Italy: Second extension and budget increase of tax exemption scheme to support companies of the country's Southern regions

Announcement

15 Dec 2023

In December 2023, the European Commission approved the extension with a budget increase of the tax advantage scheme from Italy. The scheme was introduced to support companies in the Southern regions affected by the socio-economic consequences 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

15 Dec 2023

Revocation date:

31 Dec 2024

End prolongation: 31 Dec 2024
Tax or social insurance relief
On 15 December 2023, the European Commission approved the amendment of an Italian tax exemption scheme to support all private employers irrespective of their size or economic sector in the current con...
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