Italy

Italy

300 percent increase in the tax credit for businesses engaged in R&D

07 Dec 2016

Business engaged in research & development will benefit from a 300 per cent increase in tax credit. These benefits apply to any kind of businesses, regardless of their dimension, business activity or legal structure. The new measure is part of the Stability ("Budget") Law 2017, approved by the Italian Senate on 7 December 2016.

Nature of measure:
  • Incentives
Type:
  • Promotion and facilitation (Investment incentives)
Industry:
  • Not industry specific
Inward FDI:
No
Outward FDI:
No
Sources: