Italy’s tax authorities have sanctioned the model form for tax credit required for eligible businesses in the agriculture, forestry, fishery, and aquaculture sectors in the Single Special Economic Zone (Single SEZ).
This form is essential for obtaining the tax credit available for investments within the designated special economic zone, as outlined in Law Decree No. 124/2023.
This Decree introduces a tax credit for companies that acquire capital goods for existing production facilities or those located in the Special Economic Zone in the South, which includes designated areas in Basilicata, Calabria, Campania, Molise, Puglia, Sardinia, and Sicily.
Eligible taxpayers or their authorised representatives must electronically submit the complete form to the tax authorities between 20 November 2024 to 17 January 2025.
The relevant regulations regarding the form are available in Protocol No. 418393/2024, issued on 18 November 2024.
Earlier, on 9 September 2024, Italy’s tax authorities introduced a new model form for the supplementary communication that taxpayers must submit to obtain a tax credit for investments in the single special economic zone.
