{"id":22384,"date":"2017-06-16T00:00:00","date_gmt":"2017-06-15T22:00:00","guid":{"rendered":"http:\/\/nuovowww.collaudo.istat.it\/non-categorizzato\/the-effects-of-tax-provisions-on-enterprises-2\/"},"modified":"2024-06-08T21:46:13","modified_gmt":"2024-06-08T19:46:13","slug":"the-effects-of-tax-provisions-on-enterprises-2","status":"publish","type":"post","link":"https:\/\/www.istat.it\/en\/press-release\/the-effects-of-tax-provisions-on-enterprises-2\/","title":{"rendered":"The effects of tax provisions on enterprises"},"content":{"rendered":"

This note analyzes the effects of the main provisions on corporate income taxation adopted in Italy in 2017: the reduction of the corporate income tax rate (IRES) from 27.5% to 24.0%, the temporal extension of the super-depreciation for new capital goods (the so called \u201cmaxi-ammortamento\u201d) and the reduction of the allowance of a notional return on equity (the so called ACE allowance, \u201cAiuto alla Crescita Economica\u201d).<\/p>\n

For 2017 the cut of the IRES rate will reduce the tax burden for about 63.7% of firms (all firms with tax debt). The extension of the super-depreciation will affect 24% of firms; the percentage of beneficiaries is higher for industrial firms and increases with the company size. 38% of firms will be disadvantaged by the reduction of the ACE relief. Overall (considering the three provisions), the beneficiaries will be 55% of firms.<\/p>\n

The reduction of the IRES rate will determine a linear tax cut of 12.7%, the extension of the
\nsuper-depreciation an average discount of 1.6% and the reduction of the ACE a tax rise of 4.2%. The extension of super-depreciation and the reduction of the ACE will jointly lead to an average tax rise of 2.6%, that decreases (until zero) as the company size grows.\u00a0 Overall, the three provisions will result in a tax cut of 10.1%.<\/p>\n

In 2017 the effective IRES tax rate on before-tax-profits will decrease of 2.5 percentage points (median values).<\/p>\n

 <\/p>\n

For information
\nDivision for data analysis and social, environmental, economic research<\/strong><\/p>\n

Lorenzo Di Biagio
\nph +39 06 4673.6120
\nlorenzo.dibiagio@istat.it<\/a><\/p>\n

Marco Rinaldi
\nph +39 06 4673.7271
\nmrinaldi@istat.it<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

This note analyzes the effects of the main provisions on corporate income taxation adopted in Italy in 2017: the reduction of the corporate income tax […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3467,3399,3196,3608,3165,3537,3464,3868,3898,3251],"regione":[],"tema":[4067,4068],"class_list":["post-22384","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-enterprises","tag-fees","tag-labour-cost","tag-microsimulation-on-enterprises","tag-multinational-enterprises","tag-services-2","tag-servizi-2","tag-servizi-2-en","tag-sidi-archive","tag-taxes","tema-industry-and-construction","tema-services"],"meta_fields":{"data_pubblicazione":"20170616","descrizioneperiodo":"Year 2017","titolobreve":"The effects of tax provisions on enterprises","news":"For 2017 the reduction of the IRES rate will determine a linear tax cut of 12.7%","news_rss":"This note analyzes the effects of the main provisions on corporate income taxation adopted in Italy in 2017: the reduction of the corporate income tax rate (IRES) from 27.5% to 24.0%, the temporal extension of the super-depreciation for new capital goods (the so called \u201cmaxi-ammortamento\u201d) and the reduction of the allowance of a notional return on equity (the so called ACE allowance, \u201cAiuto alla Crescita Economica\u201d).","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3467,"label":"enterprises","slug":"enterprises"},{"id":3399,"label":"fees","slug":"fees"},{"id":3196,"label":"labour cost","slug":"labour-cost"},{"id":3608,"label":"microsimulation on enterprises","slug":"microsimulation-on-enterprises"},{"id":3165,"label":"multinational enterprises","slug":"multinational-enterprises"},{"id":3537,"label":"services","slug":"services-2"},{"id":3464,"label":"servizi","slug":"servizi-2"},{"id":3868,"label":"servizi","slug":"servizi-2-en"},{"id":3898,"label":"sidi archive","slug":"sidi-archive"},{"id":3251,"label":"taxes","slug":"taxes"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/22384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=22384"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/22384\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=22384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=22384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=22384"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=22384"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=22384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}