Italians make your Industry 4.0 ready! With up to 250% depreciation option!

Published on: December 3, 2018 / Update from: December 12, 2018 - Author: Konrad Wolfenstein

Italians make their Industry 4.0 ready – @shutterstock | PaO_STUDIO

Update: Delivery is also possible within December 31, 2019 if the order from suppliers has been accepted and an advance payment of 20% of the purchase price has been made within December 31, 2018.

From January 1, 2017 to December 31, 2018, Italians have the opportunity to take advantage of a “hyper-depreciation” of 250%. Capital goods (machines, storage systems, etc.) that are connected to a cloud or similar can be depreciated at 250% instead of 100% of the purchase value.

The relevant legal provisions can be found as follows:

• Budget Law 2016 – No. 208/2015 Art. 1, Paragraph 91
• Budget Law 2017 – No. 232/2016 Art. 1, paragraphs 8-13
• Budget Law 2018 – No. 205/2017 Art. 1, paragraphs 30-36

New depreciable assets that are used for business purposes are supported:

• Used as production goods
• The goods must be used from the perspective of “Industry 4.0”.

2 out of 3 characters must be fulfilled:

• Capital goods for remote maintenance and/or telediagnosis and/or remote control systems
• Continuous monitoring of working conditions and process parameters through appropriate sets of sensors and corrections of process deviations in the cloud
• Integration properties between the physical machine and/or the system with the model and/or the simulation of the behavior when carrying out the process (cyberphysical system)

Which capital goods?

• Machines and devices that are controlled by IT systems and/or controlled by corresponding sensors and actuators
• Systems for quality assurance and sustainability
• Devices for interactive man-machine and for improving ergonomics or occupational safety according to the “4.0” logic.

Requirements/Conditions

• Controlled by CNS (Computer Numerical) Control) and/or PLC (Programmable Logic Controller)
• Networking with the company's IT systems, carrying out instructions and/or loading "part programs" remotely
• Automated connection with the company's logistics system or with the supply chain and/or with other machines in the production cycle
• Simple and intuitive interface between man and machine
• Compliance with the latest parameters in terms of safety, health and occupational hygiene

Further information is available upon request.

Addendum:

Tax system makes Germany unattractive for IT companies. Last place in the location index.

“In addition, there are only a few tax incentives in this country that are tailored to companies’ digital business models”

Read more here!