The IRES bonus is a tax advantage introduced in the delegated law on tax reform, designed to encourage companies that make new hires or investments in innovative assets, without distributing profits. This bonus provides for a reduction in the corporate income tax rate (IRES), currently set at 24%, for companies that meet
certain criteria.
Who is entitled to the IRES bonus
The IRES bonus is aimed at all companies that use the income produced in:
- qualified investments, such as the purchase of new goods and innovative tools;
- new hires, in particular stable employee profit sharing schemes.
How does the IRES bonus work
The IRES bonus involves a revision of the IRES rate, which is currently set at 24%. The tax reform involves the introduction of two separate rates
:
- Base rate: destined to fall below 24%;
- Reduced rate: applicable to those companies that do not share profits and that make new hires or investments.
The tax reduction will apply only to the part of income reinvested within two years of its production and not intended for the distribution of profits. The objective is to encourage companies to reinvest profits, thus promoting growth and employment
.
Objectives of the IRES bonus
The IRES bonus was designed to strengthen the competitiveness of Italian companies, especially in a context in which many existing tax breaks are being reduced. As pointed out by Deputy Minister of Economy Maurizio Leo, this tool aims to overcome the structural weaknesses of the Italian economic system, making the country more attractive
for foreign investment.
How to claim the IRES bonus
Currently, no details are available yet on how to claim the IRES bonus. The measure has not yet been formalized in the 2024 tax reform, but it is scheduled for the coming years. As soon as more information is available, precise instructions will be provided on how to access the benefit.
What is IRES and who pays for it
IRES, or corporate income tax, is a tax that affects the income of legal entities and limited companies, such as S.p.A., S.r.l., and cooperatives. The IRES rate, generally set at 24%, is applied to taxable income, which is the result of business revenues net of expenses and allowable deductions
.
Other help and updates
To learn more about the 2024 tax reform and other bonuses and concessions for businesses and families, you can consult our updated guides. Stay informed about tax news by subscribing to our free newsletter or following our Telegram, Whatsapp and TikTok channels
.
Conclusion
The IRES bonus represents an important opportunity for Italian companies, offering a tool to reduce the tax burden and encourage new investments and hires. While we await further details on its implementation, it is essential to stay updated on all the tax news and benefits available to make the most of the opportunities offered by the
tax reform.