(Finance) – Il IPO bonus will be confirmed thanks to an amendment to the Milleproroghe decree, approved by the Council of Ministers on Thursday 28 December. The Northern League MP Giulio Centemero, member of the Finance Commission, wrote it on LinkedIn.
“The government welcomes my agenda for the budget law which provides for the renewal of the IPO bonus also for this financial year. I will present an amendment to this effect to Milleproroghe”, wrote Centemero.
From her introduction in 2018the IPO Bonus was renewed from year to year, almost always with the same conditions (the budget law for 2022 had lowered the ceiling to 200 thousand euros, then raised it again to 500 thousand euros last year). The tax credit supports SMEs that decide to list on a regulated market or in multilateral trading systems of a Member State of the European Union or the European Economic Area. Businesses can apply for a tax credit equal to 50% of consultancy costs incurred, up to a maximum of 500,000 euros.
The tax incentive on listing costs in the five-year period of application 2018-2022 has favored over 120 IPOs with an overall use of the measure by SMEs of around 50 million euros, according to the Euronext Growth Milan Observatory by IR Top Consulting. In particular, in 2022 there were 25 IPOs with a total tax credit of 9.4 million euros.