HYPER DEPRECIATION, STILL A FEW DAYS LEFT

It seems that after the recent changes in the 2020 budget law, the super depreciation and hyper depreciation provided in the package of measures for Industry 4.0 is again confirmed for 2020. Indeed, funding for the Industry 4.0 plan has been increased by 140 million euros, provided, however, that the environmental sustainability of the activities using these funds is ensured. (Source: theitalianthimes.it) Pending, however, the final publication of the law in the official gazette, the extension until 12/31/2019 of the related rule providing hyper depreciation of up to 270 percent on investments in high-tech capital goods and software is still active. As you know, investments made in 2019 for goods delivered by June 30, 2020 at the latest will be facilitated provided the order is signed by 12/31/2019 and a down payment of at least 20 percent of the agreed amount is made . It is clear, then, that pending the probable but not certain extension, the time frame for taking advantage of the undoubted tax benefits still remains tight for this year. Cogo Scales has long identified a number of product categories that fall under this facility, and we are talking about:

• Electronic Weighbridges
• Weight indicators belonging to the Extrim Matrix range and related management software
• Weight pricing and labeling machines
• Weighing platforms linked to Extrim Matrix weight indicators
• The entire Smartscale range including related management software in the cloud.

  By 12/31, it is important to consider taking advantage of this obvious tax benefit, but that’s not all! Cogo Scales to meet the needs of its customers and encourage the decision-making aspect will apply an additional 10 percent discount on the entire list related to super depreciation products until 12/31/2019. An additional benefit then for all those who want to take advantage of the important opportunity made available with the Industry 4.0 package of measures. Our sales offices are available for further information. #pesiamoilfuturo