IRES refund notice 2017-2023

June 25, 2024

FORM FACILITATION

Contribution/Repayable fund

REGIONS

Sardinia

SECTOR

Hotel

ALLOWED EXPENSE

0 €

INCENTIVE STATUS

CLOSED

OPENING DATE

CLOSING DATE

June 19, 2024
June 25, 2024

NOTES

No additional notes

Things

The Notice defines the methods of access to support measures aimed at businesses in the tourism-accommodation sector in order to strengthen their liquidity capacity, and consequently to support their investments, with expected repercussions also in the other sectors of the tourism supply chain, as established by the Law. regional no. 17 of 22.11.2021 "Provisions of an institutional-financial nature and regarding economic and social development", art. 12, paragraphs 2, 3 and 4 "Suspension of tax obligations" and subsequent amendments, of the Regional Council Resolution no. 38/3 of 21.12.2022 and the Directives referred to in the Regional Council Resolution no. 16/6 of 04.27.2023, as amended and integrated by the Regional Council Resolution no. 4/114 of 15.02.2024 

Who is it aimed at?

Companies carrying out accommodation activities with the following ATECO codes can submit an application for access: 55.10.00 Hotels 55.20.10 Tourist villages 55.20.20 Youth hostels 55.20.30 Mountain refuges 55.20.40 Marine and mountain colonies 55.20.51 Guest houses for short stays, holiday homes and apartments, bed and breakfast, residences 55.20.52 Accommodation activities connected to agricultural companies 55.20.53 Accommodation activities connected to fishing companies 55.30.00 Camping areas and areas equipped for campers and caravans 55.90.10 Management of sleeping wagons 55.90.20 Accommodation for students and workers with additional hotel-type services 

What does it predict

The intervention to support businesses referred to in art. 6 consists in the provision of a loan at market conditions whose amount corresponds to 7/10 of the corporate income tax (IRES) actually paid in the years from 2017 to 2023, respectively relating to the years from 2016 to 2022, according to as established by the art. 5, paragraph 1, letters c and d, of the Implementation Directives approved with resolution of the Regional Council no. 4/114 of 15.02.2024. In combination with the disbursement of the loan, the granting of a contribution to reduce interest is envisaged, up to the maximum amount allowed by the aid scheme applied 

Objective – Purpose

Liquidity support

Form – Facilitation

Contribution/Repayable fund

Minimum Allowable Expenditure

0 €

Maximum Allowable Expenditure

8000000 €

Allowed Costs

Overheads/other charges

Minimum concession that can be granted

0 €

Maximum grantable benefit

2000000 €
Subject type
Business

Dimension

Microenterprise, Medium Enterprise, Large Enterprise, Small Enterprise

Activity sector

Hotel

ATECO

55.90; 55.30; 55.10; 55.20

Regions

Sardinia

Municipalities

--

Special territorial scope

--

Other features

--

Managing entity

Autonomous Region of Sardinia

Primary regulatory basis

Adoption Regional framework scheme for support to businesses in the regional territory affected by the crisis, within the limits and conditions set out in the European Commission Communication C (2023) 1711 final of 09.3.2023 "Temporary crisis and transition framework for emergency aid measures State to support the economy following Russia's aggression against Ukraine”.
Secondary regulatory basis
--

Implementation measure

Adoption Regional framework scheme for support to businesses in the regional territory affected by the crisis, within the limits and conditions set out in the European Commission Communication C (2023) 1711 final of 09.3.2023 "Temporary crisis and transition framework for emergency aid measures State to support the economy following Russia's aggression against Ukraine”.

References Official Journal

--

Incentive allocation

10600000 €

Reference site

https://www.regione.sardegna.it/atti-bandi-archivi/atti-amministrativi/bandi/171817315597375

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