Italy Update: New tax credits and non-repayable contributions for tourism companies

Countdown to the full operation of the non-repayable contribution and the 80% tax credit in favor of tourism companies pursuant to art. 1 of the PNRR decree. The Ministry of Tourism, after the publication of the notice of approval of the implementing provisions of the facilitative intervention, has detailed the expenses eligible for incentives. The range of subsidized costs is very wide and also includes furniture, wifi systems, and expenses for the professional services necessary for the realization of the interventions. The application platform should be put online by 21 February.

By Quorum, Italy, a Transatlantic Law International Affiliated Firm. 

For further information or for any assistance please contact italy@transatlanticlaw.com

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