The tax credit is an instrument launched to stimulate investments in Research and Development, innovate products and processes and guarantee the competitiveness of companies. Finally, with the 2019 financial law, 25% of the costs for prototyping and 50% of the costs for qualified consultancy deriving from universities, research bodies and innovative SMEs will be considered eligible, the rest of the unqualified consultancy will be deductible at 25%.
BENEFICIARY SUBJECTS: all companies that, regardless of their legal nature, from the size and product sector, carry out R&D activities.
ELIGIBLE ACTIVITIES: experimental or theoretical works for the acquisition of new knowledge; planned research to acquire new knowledge aimed at developing new products, processes, services or improving existing ones; acquisition of knowledge aimed at industrial projects and / or plants; production and testing of products, processes and services as prototypes
FACILITIES: all expenses up to 2020 relating to fundamental research, industrial research and experimental development, are included in this: costs for employees, even for a fixed term, employed in development activities; personnel costs of an independent relationship, amortization of acquisition costs / use of laboratory instruments and equipment; research contracts with universities, research institutes, companies, start-ups and innovative SMEs eligible for direct R&D activities; and finally, technical and exclusive industrial skills, materials, supplies and other similar products used in research activities
WHAT ARE THE ADVANTAGES: the credit is recognized for a) the annual increases in R&D expenditure compared to the average of the 3 tax periods 2012-2013-2014 b) for the costs incurred for the 2018 financial year the credit is due to the extent of 50% for all expenditure items with the exception of materials c) from the 2019 financial year, the tax credit is up to 50% for R&D investments related to the costs of employees and contracts with universities, research institutes , innovative start-ups and innovative SMEs, for all other consultancies the share is lowered to 25%.
HOW TO ACCESS: must be indicated in the tax return, there is the obligation of certified accounting documentation and can only be used in compensation.