Investment bonuses in innovative start-ups if shares are subscribed to through trust companies
Revenue Office resolution no 9/E of 22 January 2015 is dedicated to innovative start-ups. With the administrative practice document, the finance Administration provides clarification on the possibility to use the tax facilitations granted to investors in the corporate capital of innovative start-ups if shares are subscribed to through a trust company. To favour the incorporation of innovative start-ups, the “crescita-bis” (”growth-bis”) decree introduced a tax facilitation for those investing in the corporate capital of those companies. This favouring measure was given the go-ahead by the Community Executive. Through the enactment decree of 30 January 2014 the incentive application methods were issued together by the Ministries of the Economy and of Economic Growth. For those contributing money, the aforementioned decree acknowledges an income tax facilitation as a tax deduction (for investors subject to Irpef (individual income tax)) and deduction from total income, for investors subject to Ires (corporate income tax).