Italian Government set up special fiscal incentives, which consist on tax credit up to 50%, for Italian companies investing, in 2021 and 2022, in new machine tools, robots, automation systems, 4.0 and digital technologies.
This is a great business opportunity for all the exhibitors (from all over the world) who will meet Italian end-users at LAMIERA 2022.

 

NEWS ABOUT THE ITALIAN FINANCIAL PLAN 2021

The review of the Italian Transition Plan 4.0 included in the 2021 Budget Law, extends tax credits for capital goods, research & development and 4.0 training, until December 31, 2022, with rising tax rates and price ceilings.
The aim of the Italian Transition Plan 4.0, reinforced by the 2021 financial plan with about 24 billion euros connected to the Recovery plan, is to accompany and support companies in the process of technological transition and environmental sustainability, restarting the investment cycle after the COVID-19 emergency.
The 2021 Italian financial plan extends the key measures of the 4.0 Transition Plan – tax credit for investments in new capital goods, research and development bonus, 4.0 training tax credit – until December 31, 2022 – with a list of new features
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NEW TERMS OF MEASURES

  • The new tax credits are planned for two years;
  • The effective date of the measure is brought forward to November 16, 2020;
  • It is confirmed the possibility, in case of purchase contracts of capital goods defined within December 31, 2022, to benefit from the credit with just a deposit of the 20% of the amount and delivery of the goods in the following 6 months (that means within June 2023).

SOURCE: ITALIAN MINISTRY OF ECONOMIC DEVELOPMENT

TAX CREDIT FOR NEW TANGIBLE AND INTANGIBLE ASSETS (NOT “4.0”)

  • Increase from 6% up to 10% of the credit for all the capital goods (ex super) for 2021 only, maximum investment ceiling 2 million euros;
  • Tax credit to 15% for investments made in 2021 to implement smart working;
  • Extension of the credit for intangible assets not 4.0 with the 10% for investments made in 2021 and the 6% for investments made in 2022.

SOURCE: ITALIAN MINISTRY OF ECONOMIC DEVELOPMENT

TAX CREDIT FOR TANGIBLE ASSETS “4.0”

  • For expenses lower than 2,5 million euros: new tax rate to 50% in 2021 and 40% in 2022;
  • For expenses higher than 2,5 million euros and up to 10 million: new tax rate to 30% in 2021 and 20% in 2022;
  • It has been introduced a new ceiling for expenses between 10 and 20 million euros: tax rate to 10% in 2021 and in 2022.

SOURCE: ITALIAN MINISTRY OF ECONOMIC DEVELOPMENT

TAX CREDIT FOR INTANGIBLE ASSETS “4.0”

  • Increases from 15% up to 20%;
  • Investment ceiling from 700 thousand euros up to 1 million euros.

SOURCE: ITALIAN MINISTRY OF ECONOMIC DEVELOPMENT

HIGHER TAX ADVANTAGE TO PURCHASE MACHINERY AND ICT AND DIGITAL SOLUTIONS

  • For all the tax credits on tangible capital goods, the use of the credits is reduced to 3 years instead of 5 years as required by the current laws;
  • For investments in capital goods “ex super” and intangible assets not 4.0 made in 2021 by subjects with revenues or profits lower than 5 million euros, the tax credit can be used within one year;
  • It is allowed the immediate offsetting (starting from the current year) of the credit relating to the investments in capital goods.

SOURCE: ITALIAN MINISTRY OF ECONOMIC DEVELOPMENT