Legislation and Contributions
To obtain eligibility for state grants for the conservative restoration of Cultural Heritage (Palaces, Villas, Castles, Ancient Industrial Buildings, Parks, Gardens, Churches, Monumental Buildings, Libraries, Paintings, Ancient Books, Statues, Paintings, Frescos, Stuccos, Decorative devices in wood, stone, stucco), the reference legislation is that contained in the Legislative Decree 22 January 2004 n. 42.
It is also possible to obtain, with the presentation of specific documentation, complete tax deduction for the Companies and for Individuals who carry out voluntary conservation interventions on tied assets.
We are at your complete disposal for any clarification and to provide you with technical and administrative support for the preparation of the paperwork for eligibility for a contribution and for the deduction - tax deduction for restoration work on restricted assets.
FINANCIAL CONTRIBUTIONS AND TAX BENEFITS FOR ORDINARY, EXTRAORDINARY MAINTENANCE AND CONSERVATIVE RESTORATION, ON ASSETS ENCLOSED IN ACCORDANCE WITH LAW 1089 / '39 DL 490 / '99 AND DLGS 42 / '04.
To obtain eligibility for state grants fo conservative restoration of Cultural Heritage (Palaces, Villas, Castles, Ancient Industrial Buildings, Parks, Gardens, Churches, Monumental Buildings, Libraries, Paintings, Ancient Books, Statues, Paintings, Frescos, Stuccos, Decorative devices in wood, stone, stucco), the reference legislation is that contained in the Legislative Decree 22 January 2004 n. 42.
It is also possible obtain, with presentation of specific documentation, complete tax deduction for Companies and tax deduction for Individuals who carry out voluntary conservation interventions on tied assets.
We are at your complete disposal for any clarification and to provide you with technical and administrative support for the preparation of the paperwork for eligibility for a contribution and for the deduction - tax deduction for restoration work on restricted assets.
STATE CONTRIBUTIONS
State contributions for the execution of works relating to the maintenance and restoration of Cultural Heritage are of two types: capital account and interest account. Both are admitted following the presentation of appropriate documentation to the Superintendency, and after the implementation of the works. They are disbursed by the Ministry, after the progress of the works has been filed with the Superintendency
Capital Contribution
It is a sum of money that varies from 20% to 40% of the overall economic amount of the works, as indicated in the bill of quantities of the works deposited and approved by the Superintendency.
Interest Contribution
It is a budjet of money that State gives to the executor of work and covers the entire amount of interest, deriving from the stipulation of a bank loan for execution of the restoration work.
Both contributions are cumulative
Fino al 31 dicembre 2015 le erogazioni sono state limitate dal Decreto Monti denominato Salva Italia, ora sono ripartite, e sono possibili. Naturalmente bisogna attendere che, da parte del Ministero, vengano completati i pagamenti dei lavori già in corso.
TAX BENEFITS
For Legal Persons
Tax concessions pursuant to art. 40 paragraph 9 of Law 22-12-2011 n.214 and art. 100 paragraph 2 e) of the TUIR referred to in Presidential Decree 22.XII.1986 n. 917 and subsequent amendments which allow a full tax deduction of the expenses incurred for conservative restoration of Restricted Cultural Heritage (100% taxable + 22% VAT)
For Individuals
Tax concessions pursuant to art. 40 paragraph 9 of Law 22-12-2011 n.214 and art. 15 paragraph 1 g) of the TUIR referred to in Presidential Decree 22.XII.1986 n. 917 and subsequent amendments which allow a partial tax deduction of expenses incurred for conservative restoration of Linked Cultural Heritage (19% taxable + 22% VAT)
​
​