Sostegni Bis decree, capital gain not due in Italy until 2025
Innovative startups and SMEs find their breath again thanks to the Sostegni Bis decree, in fact it becomes even more convenient to invest; for private investors there is an exemption from income tax on capital gains from the sale of stakes in startups and SMEs even if on time and under certain conditions, as required by art. 14 of Legislative Decree 25 May 2021, n. 73.
Startups and innovative SMEs
Individuals who intend to capitalize do not pay the capital gain; in detail for those who hold stakes in startups and innovative SMEs for at least 3 years, in the event that at the end of this period a capital gain emerges from the sale of the assets, the transaction will not be taxed with a tax saving of 26%, of referred to in art. 67, paragraph 1, lett. C of the Tuir.
Introduced the tax deduction on capital gains of those who decide to finance young innovative companies. An incentive to attract capital
Partnership or capital company
Individuals who intend to capitalize and reinvest in innovative startups or SMEs do not pay the capital gain; in detail for those who hold stakes in partnerships or capital companies, in the event that a capital gain emerges from the sale of the assets and within 1 year of achievement it is reinvested in startups or innovative SMEs no later than 31 December 2025, the transaction will taxed with a tax saving of 26%, as per art. 67, paragraph 1, lett. C of the Tuir. On these new investments, the IRPEF deduction already provided for by the Relaunch Decree (art.38 Law Decree no.34 of 2020) would also apply, i.e. 50% for the maximum limit of deductible investments equal to 300,000 euros.