Overview

• Vice Minister Maurizio Leo signed the implementing decree on August 9, making the Ires premiale operational under an experimental one-year framework.
• Qualifying companies will see their corporate tax rate fall from 24% to 20% when they invest in production assets and expand permanent employment.
• The decree handles complex scenarios such as mergers, past tax losses and extends deadlines for interconnecting new capital goods to the incentive.
• A fiscal cap has been introduced to keep the scheme within available resources and avoid a budget surge like the Superbonus programme.
• Officials will review the measure’s performance ahead of the autumn budget and are exploring complementary Irpef cuts for middle-income earners.