The 2017 Stability Law will contain tax incentives for 17 billion euros. This was announced today by the Minister of Economic Development, Carlo Calenda, speaking at the EY Forum “Accelerate x compete x grow. Creativity, innovation, digital”, which kicked off in Capri.
“We have provided for 17 billion in tax incentives in the Budget law – said Calenda -, a size never reached before, because we want to give a shock to investments. It is clear then that the effect will be diluted, as it is depreciation of investments that are spread over time".
The minister explained that the novelty is represented by the way the money is disbursed: “There will be no more calls, with the government choosing which investments to incentivize, but companies will decide the investments they deem necessary”.
There will be news from an administrative point of view: “The losses of startups – Calenda specified – can be brought to a reduction in the budgets of sponsoring companies”, i.e. those that finance new activities.
The minister then recalled that the current threshold of super depreciation at 140% will be maintained and the new will also be introduced super depreciation at 250% for investments related to the government's Industry 4.0 plan, which will make 13 billion euros available to support the fourth industrial revolution.
