Bookshops tax credit: signed the implementing decree
The Italian Budget Law for 2018 (Law no. 205/2017) introduced a special tax credit for companies engaged in the retail sale of new and second-hand books.
On 24/04/2018 the Ministry of Art and Culture, together with the Ministry of Finance, issued a special Decree which defines the applicative provisions for the tax credit.
For every beneficiary the maximum amount of tax credit available will be:
- € 20.000 for bookshop operators that are not included in publishing groups directly managed by them;
- € 10.000 for other operators.
Our experts are available to offer a professional advice on this topic.