Indusrty 4.0

THE CONTEXT

With the aim of promoting and encouraging the purchase by Italian companies of goods functional to the technological and digital transformation of production processes, the 2022 Budget Law ((Law 30 December 2021, n. 234) extended to 2025 and remodulated the measure of the tax credit for investments in tangible and intangible assets in a Transition 4.0 key.

Companies investing in capital goods materials 4.0 between 1 January 2023 and up to 31 December 2025, or by 30 June 2026, provided that the relative order is accepted by 31 December 2025 by the seller and the advance payment has been made for at least 20% of the acquisition cost, they can access the Tax credit for tangible capital goods 4.0 (Annex A, law 11 December 2016, n. 232 – ex hyper depreciation).

For companies investing in intangible assets 4.0 (attachment B, law 11 December 2016, n. 232) the following investment times are foreseen:

• until 31 December 2023 (or by 30 June 2024) for 20% of the cost,
• from 1 January 2024 and up to 31 December 2024 (or by 30 June 2025) to the extent of 15% of the cost,
• from 1 January 2025 and until 31 December 2025 (i.e. by 30 June 2026) to the extent of 10% of the cost.

Depending on the type and period of investment, the credit percentages may vary as follows:

Why contact ECM?

Companies that apply for access to the tax credit are required to present and keep the suitable documentation to demonstrate the actual borne and correct determination of eligible costs. To access the facilities provided for the investments referred to in annexes A and B of the law of 11 December 2016, n. 232, it is necessary to produce:

• a sworn technical report issued by an engineer or an industrial expert
• or, a certificate of conformity issued by an accredited certification body, with the relative technical report accompanying the same
• or, a declaration made by the legally represented (only for goods costing less than 300 thousand euros).

This certification must give evidence that the goods possess technical requirements such as to include them in the lists of Annexes A and B and are interconnected to the company production or supply management system.

CERTIFYING THE CONFORMITY OF THE PROPERTY TO THE REQUIREMENTS IS A COMPLEX ACTIVITY, WHICH REQUIRES THE INTERVENTION OF HIGHLY SPECIALIZED PEOPLE , WITH SPECIALIST AND MULTIDISCIPLINARY TECHNICAL SKILLS.

If errors or irregularities are found during the activity of monitoring the use of the tax credit by the competent authorities, one could incur the relative administrative and/or criminal sanctions applicable to depending on the case.

ECM carries out the activity as an independent third party third-party Compliance Verification from a 4.0 perspective, in order to verify the compliance of the equipment with the requirements required to access the tax credit, both for goods with a value exceeding €300,000 and for goods with a lower value, reducing the risks that can be encountered by limiting oneself to self-certification.

As an accredited certification body for the Certification of Management Systems pursuant to the EN ISO/IEC 17021 standard and for the Product Certification pursuant to the EN ISO/IEC 17065 standard, ECM is authorized to issue the Certificate of Conformity, certifying that the asset has such technical characteristics as to include it in Annexes A and B to Law no. 232 of 2016 and is interconnected to the corporate production management system or to the supply network.

CONTACT US!