EC approves Italy's tax scheme

EC approves Italy's tax scheme

The European Commission approved today tax schemes for Italy worth 7.6 billion euros to support self-employed companies and workers. The commission gave its approval for four measures that remove certain taxes and provide tax loans to self-employed companies and workers. “Masses will support companies and workers, who are [...]

The European Commission approved today tax schemes for Italy worth 7.6 billion euros to support self-employed companies and workers.

The commission gave its approval for four measures that remove certain taxes and provide tax loans to self-employed companies and workers.

“The measures will support companies and workers, which are most seriously affected by the explosion of COVIDD-19”, said Eurocommissioner for Competition Margrethe Westage.

The EC estimated the measures were needed to correct serious concerns in the economy. / DPA/

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