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Italy Enacts Tax Credits for Energy and Windfall Profits Tax on Energy Companies and Publishes Further Amendments

|Approved Changes|Italy
Italy

Italy has published Law No. 51 of 20 May 2022 in the Official Gazette, which converts into law Decree-Law No. 21 of 21 March 2022 on urgent measures to counter the economic and humanitarian effects of the Ukrainian crisis, with some amendments. This includes the following measures to mitigate the effects of high energy prices:

  • The tax credit for energy (electricity) expenses incurred by quali…

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