What is the goal of the investment?

To enhance basic and applied research, facilitate technology transfer and promote the digital transformation of manufacturing processes as well as the investment in intangible assets. This investment represents a further evolution of the 4.0 Industry Programme, in addition to which it entails: a broader scope of companies as potential beneficiaries with the replacement of hyper-amortisation; recognition of credit on investments undertaken in the 2021-2022 period; a broadening of subsidisable intangible investments; increase in credit percentages and maximum amount of incentivised investments. 

Total investment cost 13.38 bn
  • Reduce the gaps in standards of living
  • Gender equality
Additional details

The investment aims to support the digital transformation of businesses by encouraging private investments in activities that support digitalisation; it consists of a tax credit scheme and covers expenses to be requested in tax returns between 1 January 2021 and 31 December 2023. It also includes the definition of tax credit codes to allow beneficiaries to use them with the F24 form to:
tangible capital goods 4.0 (production machines controlled by computer systems, machines and systems for the control of products or processes, and interactive systems); intangible capital goods 4.0 (3D, intra-factory communication systems, artificial intelligence and machine learning software; systems, platforms and applications); standard intangible investment assets (software relating to business management);
research, development and innovation activities for green, digital and design innovation;
training activities to obtain or strengthen knowledge of relevant technologies (big data and data analysis, human-machine interface, internet of things, digital integration of business processes, IT security).
A scientific committee composed of experts from the Ministry of Economy and Finance, the Ministry of Economic Development and the Bank of Italy will be set up to assess the economic impact of the scheme.

What are the benefits?

  • Increase in the number of potential beneficiary companies with the substitution of hyper-depreciation
  • Greater investments in tangible and intangible capital goods 4.0 and standard intangible investment assets (for tax credits submitted in tax returns between 2021 and 2023)
  • Greater intangible investments in capital goods, research, development and innovation (for tax credits submitted in tax returns between 2022 and 2023)
  • Digitalisation training and development of related skills (for tax credits submitted in tax returns between 2022 and 2023)

Key steps

Key steps