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Italy mulling 250% 'super depreciation' for ultra-broadband

2016-10-07 10:47:00| Telecompaper Headlines

(Telecompaper) Telecommunications operators who help to roll out an ultra-broadband network throughout Italy could qualify for significant tax breaks under the government's 'Industry 4.0' plan to boost innovative business investment, according to economic development minister CarloCalenda. In an interview with business daily Il Sole 24 Ore, the minister revealed that the government is considering the possibility of adding a 250 percent "super depreciation" tax shield on capital goods related to digitalisation to the budget on ultra-broadband investment.

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