Italy plans targeted tax breaks for farmers to support agricultural sector, says minister.

Italy to Offer Targeted Tax Breaks to Farmers Facing Hardship

Italy’s Government to Provide Support for Farmers

Italy’s government is set to introduce targeted tax breaks to assist farmers who are struggling due to low prices for produce, rising costs, and cheap imports. The move comes in response to a wave of protests across Europe, where farmers have been demonstrating against the constraints imposed by the European Union’s efforts to combat climate change.

Growing Intensity of Protests in Italy

While protests in France and Germany have subsided, they are intensifying in countries like Spain and Italy, where farmers have gathered outside Rome with their tractors. The demonstrations are a result of the agricultural sector’s grievances over various challenges they face.

- Advertisement -

Government’s Response to Farmers’ Demands

The Italian government has acknowledged the concerns of farmers and is taking steps to address them. One of the key measures being considered is the partial restoration of an income tax break that had been removed in the 2024 budget law.

Commitment to Supporting the Weakest

Parliament Minister Luca Ciriani affirmed the government’s commitment to using public resources to support those in need, with a focus on agricultural entrepreneurs who require effective assistance. He emphasized that the government’s priority is to aid the most vulnerable members of society.

Potential Inclusion in Government Decree

Ciriani revealed that the proposed tax breaks for agricultural entrepreneurs could be included in a government decree currently under review in parliament. This demonstrates the government’s proactive approach to addressing the challenges faced by the agricultural sector.

Government’s Stance on EU Policies

Prime Minister Giorgia Meloni’s administration has been vocal about its efforts to protect Italian farmers from European policies perceived as detrimental to the agricultural sector. Meloni emphasized the government’s commitment to defending the sector from policies that are deemed overly ideological.

The Italian government’s decision to offer targeted tax breaks to farmers in need is a significant step towards providing support to the agricultural sector. As the protests continue, the government’s responsiveness to the concerns of farmers is crucial in addressing the challenges faced by the industry.

Latest stories

- Advertisement - spot_img

You might also like...