The document summarizes Italy's Super-amortization and Extra-amortization tax measures. The measures aim to facilitate business investment by allowing extra tax deductions for purchases of certain assets. Enterprises of any type in Italy are eligible and can receive increased tax deductions of 40% for purchases from 2015-2017 or 150% for "smart equipment" related to Italy's Industry 4.0 plan. The benefits increase the tax value of capital goods purchases over their standard depreciation period.

1. April 5, 2017
TAX news
Investing in Italy - Super-amortization and Extra-amortization
AT A GLANCE! SUPER-AMORTIZATION AND EXTRA-AMORTIZATION
Aim: facilitate business investments by allowing an extra-amortization on the purchase of
certain tangible assets.
Qualifying persons: enterprises of any type and permanent establishments.
Qualifying purchases: the increased amortization charge fixed at 40% (Super-amortization)
is applicable to purchases realized from 15 October 2015 to 31 December 2017. The
amortization charges are increased up to 150% of their value (Extra-amortization) for listed
"smart equipment" (Industry 4.0 Plan). An additional 40% super–amortization is also introduced
for certain intangible assets such as software, IT systems and platforms related to the "Industry
4.0 Plan".
Benefits: the fiscal amortization charges in relation to purchases of new capital goods will
increase their value by 40% or 150% with respect to their book value, for the whole
amortization period.
What is it
The Super-amortization and the Extra-amortization measures aim at facilitating business
investments by allowing an extra-amortization on the purchase of certain tangible assets, in order
to stimulate the renewal of capital goods.

2. Who can use it
Enterprises of any type are entitled to benefit of the increased fiscal amortization charges. The
benefits are also granted to permanent establishments in Italy of non-resident investors.
Which purchases are eligible
Super-Amortization: the increased amortization charge is fixed at 40% and is applicable in
relation to purchases realized from 15 October 2015 to 31 December 2017. The purchase
period is extended up to 30 June 2018, on condition that purchase orders have been accepted
by the seller by 31 December 2017 and that at least 20% of their price has been paid by the
same date.
Another additional 40% Super–Amortization is also introduced for certain intangible assets such
as software, IT systems and platforms related to the Government plan for industrial growth
named “Industry 4.0 Plan”.
Extra-amortization: the amortization charges are increased up to 150% of their value for
some listed “smart equipment” which is allowed to benefit from specific digital and
technological transformation processes under the model promoted by the Italian Government
plan “Industry 4.0”.
Benefits
The fiscal amortization charges in relation to purchases of new capital goods will increase their
value by 40% or 150% with respect to their book value, for the whole amortization period.
Simone Bucaioni - dottore commercialista.

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Circolare d’informazione fiscale a cura di Simone Bucaioni, dottore commercialista, per BCM Studio Legale & Tributario
INFORMAZIONI DI CONTATTO
Simone Bucaioni
dottore commercialista
Tel. +39 075 5722661
Fax +39 075 5717996
bucaioni@studiobcm.it