250% amortization rate
Important update to Italian budget laws in 2017
The new Italian budget law of 2017 will soon introduce an important facilitation for Italian companies that invest in research and development, allowing these companies to amortize 250% of the value of their instruments controlled by Computer Numerical Control (CNC) or Programmable Logic Controller (PLC). This amortization rate was previously 100%. Newly bought machines (among which collaborative robots and multi-robot systems for loading/unloading, lifting devices, and automated manipulation) must be interconnected with the companies' informatic systems, have a simple human-machine interface, and conform to specific security, health, and hygiene standards to be eligible for the added amortization.
All products produced by Cosmapack International perfectly fit the requirements set by the law, therefore companies that purchase from us will be able to amortize 250% of their products' value.