Italian Patent Box: 110% Additional Tax Deduction for Software, Patents and Designs

We assist companies in applying the Italian Patent Box regime under Article 6 of Decree-Law No. 146/2021, an incentive designed to provide additional tax benefits for qualifying research and development expenditure relating to eligible intangible assets used in the business.

The regime provides an additional 110% tax deduction for qualifying expenditure relating to:

• copyright-protected software;
• industrial patents;
• legally protected designs and models.

Our services include:

• preliminary assessment of eligibility;
• identification of qualifying intangible assets and activities;
• reconstruction and review of eligible expenditure;
• calculation of the additional tax deduction;
• assessment of the eight-year recapture mechanism;
• preparation of appropriate supporting documentation for penalty protection.

Subject to the applicable requirements, the recapture mechanism may allow qualifying expenditure incurred during the previous eight tax periods to benefit from the additional deduction when the relevant intellectual property right is obtained.
Proper supporting documentation is also particularly important in the event of a tax audit and for access to the penalty-protection regime provided by Italian tax law.

Our objective is to integrate the Patent Box benefit into the wider management of innovation and intellectual-property investments, based on a robust technical and documentary assessment of qualifying assets, activities and expenditure.
 

For further information, contact c.orsini@studiassociato.it
.