Italy Tax Agency Clarifies Income Tax Credit for Complex Capital Goods Investments & More News Here

Daily Tax Report: International

June 24, 2022, 5:00 AM

The Italian Revenue Agency June 21 posted on-line Letter No. 336/2022, clarifying revenue tax credit score guidelines for complicated new capital items investments. An organization that produced polymeric materials movies acquired a brand new plant to supply multilayer movies. The firm sought clarification concerning the appliance of an revenue tax credit score on a number of investments made in buying materials for the functioning of the plant. The tax company clarified that: 1) the hyper-depreciation rule of revenue tax credit score for new capital items investments applies in specified situations; 2) the investments made by the corporate are complicated acquisitions made in numerous tax intervals and …

Italy Tax Agency Clarifies Income Tax Credit for Complex Capital Goods Investments & More Latest News Update

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Italy Tax Agency Clarifies Income Tax Credit for Complex Capital Goods Investments & More Live News

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