A tax system to promote investment and growth

The competitiveness of our tax system is a central issue in international comparison, particularly with regard to its ability to encourage investment by domestic operators and to attract international investors. Laboratorio Fiscale aims to analyse some of the issues that, in addition to the general level of taxation, can influence investment decisions.Is the ACE, which was abolished last year, preferable to other forms of investment incentives (e.g.Mini-Ires, Tremonti or Visco incentives)? Is the depreciation regime (super and hyper depreciation) valid or should it be revised and adapted? Should the obsolete ministerial decree fixing the standard depreciation rates be changed? Do we need special regimes for holding companies, financial institutions and coordination centres? Should some new scheme be devised to replace the patent box?

More generally, will future policies to promote sustainable development and the circular economy, in line with the European Green Deal, need tax incentives, and if so, which ones?

On these issues, Laboratorio Fiscale has made a first contribution, proposing an incisive revision of the tax depreciation regime.