STATEMENT BY THE VICE PRESIDENT FOR INDUSTRIAL POLICY AND MADE IN ITALY

Rome, 28 March 2026 - The tax decree published yesterday in the Official Journal introduces very penalising provisions for companies that booked the 5.0 tax credit between 7 and 27 November 2025.

The text provides for a 65% cut in the tax credit claimed. The measure also excludes investments in renewable energy sources, in particular higher-efficiency photovoltaic plants registered with ENEA, which companies have been induced to purchase.

Such a decision - which, let us recall, has retroactive effects and infringes on the principle of legitimate expectations - heavily penalises companies that completed large investments in 2025 and will face additional liquidity problems at an already particularly complex time.

In November, we had received assurances from the government that the so-called “exodus” companies of 5.0 would have access to the subsidy according to the conditions of the Transition 5.0 Plan, which was set to end on 31 December 2025.

The fact of not being able to rely on government regulations and declarations deeply undermines the confidence of businesses in institutions and incentive measures and discourages those who would like to continue to do business in Italy.

There remains, moreover, the issue of the new hyper-amortisation that companies have been waiting for for three months, the full operation of which still seems far off.