CDM APPROVES THE SINGLE INCENTIVES CODE, URSO: HISTORIC REFORM
The Council of Ministers approved, on the proposal of the Minister of Economic Development Giancarlo Giorgetti, the single text of the Consolidated Law on Incentives (Testo Unico degli Incentivi).
The single text is the result of a long and complex work of harmonization, simplification and rationalization of the legislation on incentives, started in 2019 by the Ministry of Economic Development with the support of the Formez PA (Training School of the Public Administration).
The text brings together in a single document all the rules on incentives provided by the State, by the Regions and by other public bodies and is divided into five parts:
- General provisions;
- Tax incentives;
- Contributions, subsidies and other non-repayable contributions;
- Procedures and controls;
- Penalties.
The single text is an important tool for businesses and professionals who can now easily identify the incentives available to them and the procedures to follow to access them.
The Minister of Economic Development, Giancarlo Giorgetti, said: “This is a historic reform that will make it easier for businesses to access incentives, making them more efficient and effective. We have worked hard to create a single, clear and organic text that will help businesses to grow and create jobs”.
The Minister for Regional Affairs and Autonomies, Mariastella Gelmini, said: “The single text is a fundamental step towards the simplification of the legislation on incentives. The Regions have played a fundamental role in the drafting of the text and will continue to work to ensure that the incentives are used effectively and efficiently”.
The text will be published in the Official Gazette and will come into force 15 days after its publication.
Cdm approva il Codice unico degli Incentivi, Urso: riforma storica
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