Newsalert | Superbonus 110%: first clarifications from the Italian Tax Authority (Circular 24/E published on 8 August 2020)

With Circular 24/E published on 8 August 2020, the Italian Tax Authority has provided the first clarifications regarding the so-called Superbonus, which provides for a deduction for income tax purposes equal to 110% of the expenses incurred for specific renovation works on buildings relating to: improving the energy efficiency of buildings, anti-seismic measures, installation of photovoltaic systems and charging columns for electric vehicles.

Read the Alert by our Tax Department.