In ruling n. 187/2026, the Italian Revenue Agency confirmed that scholarships awarded under the Erasmus Mundus Joint Masters (EMJM) program are exempt from personal income tax (IRPEF). The Agency recognized the continuity between the former Erasmus Mundus program and the current Erasmus+ framework, applying the same tax exemption rationale. The decision provides certainty for students and universities participating in these prestigious EU-funded master’s programs, ensuring that the grants remain tax-free in Italy.
Key Takeaways
- Program Continuity Recognized: The tax exemption extends seamlessly from Erasmus Mundus to Erasmus+ Joint Masters.
- Full Exemption: The entire scholarship amount (tuition, travel, subsistence) is excluded from taxable income.
- Administrative Simplicity: Beneficiaries do not need to report the scholarship in their Italian tax return.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement