Budget Law: Approval of excise duty discounts is crucial support for Italian craft beer production

Published Dec 17, 2024

Tridge summary

The Budget Law for 2022-2023 in Italy has approved an increase in the excise discount for breweries, extending the support to small independent craft breweries. The discount will be raised from 40% to 50% for microbreweries producing up to 10,000 hectoliters annually, and will be reduced to 30% and 20% for breweries with an annual production of up to 30,000 and 60,000 hectoliters respectively. This measure, requested by Unionbirrai, will have an overall economic impact of less than 3 million euros per year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rome - The increase in the excise discount for breweries up to 60 thousand hectoliters of annual production becomes reality. The measure, already active for the two-year period 2022-2023, has been strongly requested in several provisions by Unionbirrai, the trade association of small independent craft breweries, especially for small-sized plants. In fact, the amendments to the Budget Law, currently being discussed in Montecitorio, presented by the Lega and Fratelli d’Italia groups with the first signatures of the honorable Mirco Carloni and Mauro Rotelli, have been approved. “With a limited economic intervention, the Government concretely supports national craft beer production, providing the support that for the sector, made up of small and very small businesses, represents a decisive driving force for growth – declares Vittorio Ferraris, general manager of Unionbirrai – A provision that takes on even more importance in light of the particular economic situation that the country ...
Source: Agricolae

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