ADVANCE AGREEMENT ON THE PATENT BOX
Milan, 06-06-2018 - Zifer Italia S.R.L. (Autohome ®), world leader in the production and distribution of roof tents for vehicles, announces an agreement with the Italian Tax Authority giving the company tax relief via the Patent Box for the AUTOHOME ® trademark. The tax benefits will go into the accounts for 2015 - 2016 - 2017 - 2018 - 2019.
The Patent Box was introduced by the Italian government as part of the Stability Law of 2015. It represents a voluntary tax regimen which makes a part of income non-taxable, where it is related to intellectual work, from industrial patents to trademarks, designs and models, as well as the processes, formulae and information relating to experience gained in the industrial, commercial or scientific field, which are subject to legal safeguards.
The tax exemption is for five years, from 2015 to 2019, and increases in relation to income from intangible industrial assets, from 40% in 2015 and 2016, to 50% in 2017, 2018 and 2019.