The so-called IPO Bonus, or the tax credit for the listing of small and medium-sized enterprises on the stock exchange, will be extended until 2027, according to what emerges from the Budget.
IPO Bonus in Italy extended until 2027
6 million are expected for the year 2025 and 3 million for each of the years 2026 and 2027.
This is the first time since its introduction in 2018 that the IPO Bonus has been extended for a time horizon longer than one year. Every year, market operators find themselves having to put pressure on parliamentarians and the Government to see a measure extended that has decisively favored IPOs on Euronext Growth Milan (EGM), the Italian Stock Exchange market dedicated to SMEs with high growth potential.
News on tax credit
The tax credit supports SMEs that decide to list on a regulated market or multilateral trading systems of a Member State of the European Union or the European Economic Area. Companies can request a tax credit equal to 50% of the consultancy costs incurred, up to a maximum of 500,000 euros.
Since its introduction, in the four-year period of application 2018-2021, the tax incentive on listing costs has favored over 90 IPOs with an overall use of the measure by PMs of approximately 40 million euros, AssoNEXT (association of companies listed and in the process of being listed on the EGM market) noted in the letter sent last month - to the Minister of Economy and Finance Giancarlo Giorgetti and to the Undersecretary of the MEF Federico Freni - to urge the extension.
