Italy: Depreciation regime, R&D approved tax measures | KPMG | GLOBAL
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Italy: Depreciation regime, R&D among approved tax measures

Italy: Depreciation regime, R&D approved tax measures

Tax measures that implement provisions from the 2017 fiscal package have been approved by the parliamentary chambers.


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Among the provisions are measures that:

  • Extend the “super depreciation” regime for certain investments in new tangible operating assets
  • Provide a “hyper depreciation” regime for certain operating assets, to allow a 150% depreciation rate for listed operating assets and 40% for investments in certain intangible operating assets 
  • Reflect relief when certain tax debts are extinguished by means of a lump-sum payment or up to five installment payments
  • Concern the re-valuation of land, shares not owned by the company, and business assets and the tax implications of such re-valuations
  • Revise the research and development (R&D) tax credit by, among other items, an increased maximum annual credit amount of €20 million (up from €5 million)


Read a December 2016 report [PDF 214 KB] prepared by the KPMG member firm in Italy: Highlights of the 2017 fiscal package

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