Italy has published Decree-Law No. 21 of 21 March 2022 in the Official Gazette, which contains urgent measures to counter the economic and humanitarian effects of the Ukrainian crisis, including measures to mitigate the effects of high energy prices. This includes new and increased tax credits as follows:
- The tax credit for energy (electricity) expenses incurred by qualifying energy-intensive companies for energy purchased and used in the second quarter of 2022 is increased from 20% to 25%;…