Edition:
United Kingdom

Biesse Signs Patent Box Agreement with Italian Tax Office for Mechatronics Unit


Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - BIESSE SPA ::SIGNS AGREEMENT WITH ITALIAN REVENUE AGENCY TO ACCESS PATENT BOX TAX RELIEF FOR HSD.ESTIMATED TAX BENEFIT FOR THE THREE-YEAR PERIOD 2015-2017 IS APPROX. EUR 4 MILLION.TAX BENEFIT TO BE REGISTERED IN 2017 FINANCIAL STATEMENT WITH IMPACT FOR ABOUT 4-5% OF GROUP TAX RATE. 

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