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 attract international investors. The Tax Lab aims to analyse some of the issues which, apart from the general level of taxation, may influence investment choices. Is the ACE, which was abolished last year and has now been reinstated, preferable to other forms of investment incentives (mini-Ires, Tremonti or Visco for investments)? Is the depreciation regime (super and hyper depreciation) valid or should it be revised and adapted? Should the old ministerial decree setting the standard depreciation rates be changed? Special schemes for holding companies, financial institutions and coordination centres? Should some 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 what?

On these issues, Laboratorio Fiscale has produced a first contribution, which proposes an incisive revision of the tax regime of depreciation.