Fashion Collections Tax Credit

To qualify businesses must respond positive to the following criteria:

• Industrial enterprises in the textile-clothing-leather sector with industrial activities consisting of the processing of raw materials or semi-finished products into manufactured products
• Companies offering new collections, renewed at regular intervals

Advantages are:

• A tax credit at the rate of 5% subordinated to the so called “minimis” rule, ie € 200,000 over three rolling years for the development of new collections
• In the case of mixed activity, the tax credit for research can reach the rate of 30%