An “implementing decree” was published in Italy’s official gazette in late July 2015, and confirms new research and development (R&D) tax credit measures as announced in the budget law for 2015. The 2015 budget introduced an updated version of the R&D tax credit regime, which was conditional upon the issuance of an implementing decree.
The R&D tax credit “implementing decree” is effective 29 July 2015, and generally reflects the budget 2015 provisions as well as certain clarifications.
Read an August 2015 report [PDF 298 KB] repared by the KPMG member firm in Italy: Italy finally issues the R&D tax credit implementing decree
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