Article 1, paragraph 319 of Law no. 213 of 30 December 2023, entitled "State Budget for the Financial Year 2024 and Multi-Year Budget for the Three-Year Period 2024-2026", provides that the tax credit for businesses publishing newspapers and periodicals, as set forth in Article 188 of Decree-Law no. 34 of 19 May 2020, converted with amendments by Law no. 77 of 17 July 2020, is extended to the years 2024 and 2025. The tax credit amounts to 30 percent of expenses incurred for the purchase of paper used to print publications in the years 2023 and 2024 respectively, up to a maximum spending limit o EUR 60 million for each of the years 2024 and 2025.Also in this case, the provisions of the aforementioned Article 188 of Decree-Law No. 34 of 19 May 2020 and the rules expressly referred to therein shall apply mutatis mutandis.

The aid measure was notified to the European Commission, which, with its positive decision C(2024) 4652 final of 4 July 2024, published in the Official Journal of the European Union on 14 August 2024, assessed its compatibility with EU State aid regulations and authorised its application for the years 2024-2025.

Circular No. 2 issued by the Head of the Department for Information and Publishing on 10 September 2024 set out the implementation rules for the tax credit for the years 2024 and 2025.

The tax credit is intended for businesses publishing daily and periodical newspapers.

The aid measure is an alternative to, and cannot be combined, for the same expenditure items, with any other support provided by national, regional, or European legislation, nor with the direct contributions specified in Legislative Decree No. 70 of 15 May 2017.

Businesses eligible for the benefit must meet the following requirements:

• having their registered office in a European Union Member State or within the European Economic Area;
• having tax residency for tax purposes in Italy or a permanent establishment in the national territory, through which the relevant business activity associated with the benefits is conducted;
• being registered in the Business Register under ATECO classification code 58 .13 (publishing of newspapers) or 58.14 (publishing of magazines and periodicals);
• being enrolled in the Register of Communication Operators (ROC), managed by the Authority for Communication Guarantees.
• not being subject to voluntary liquidation, compulsory administrative liquidation or judicial liquidation proceedings.

Year 2025: businesses wishing to access the benefit can apply to the Department from 1 October 2025 (10 a.m.) to 31 October 2025 (5 p.m.).

More information on the aid measure can be found on the dedicated page on the Department for Information and Publishing website.

For any queries on the tax credit, please send a message from your mailbox to credito.carta@governo.it

Download the user manual (updated 15/11/2024) useful for filling in the application.