From 16 November 2023, companies can give wine and sparkling wine as business gifts and small value gifts free of personal income tax and social contribution tax.
Wine dinners and wine tastings with business purpose may also become cheaper because the tax exemption includes wine gifts in representative and non-representative hospitality. Wine products given as business gifts are tax-free up to 25% of the minimum wage, and products given once a year as small value gifts are tax-free up to 10% of the minimum wage. The exemption applies to wine-sector products with a protected designation of origin or geographical indication purchased from the winery initiating the release for free circulation.
We are at your disposal to answer any further questions you may have on the exempted wine products.
