Tax incentives for energy savings.
The 65% tax deduction has been extended and the incentive has also been extended to new works.
The 2016 stability law (law No. 208 of 28 December 2015) has extended to 31 December 2016 the tax deduction for energy upgrades of buildings, to the extent of 65%. The same decree also includes the deduction for works on common parts of blocks of flats and those concerning all the residential units the block consists of. Since January 1st, 2017 the incentive however will be replaced by the tax deduction (36%) for expenses concerning building renovations. The 2016 stability law has also extended the incentive: for the purchase, installation and commissioning of devices for remote control of heating or DHW or conditioning systems of residential units to works carried out from January 1st to December 31st 2016 by the Autonomous Institutes For Public Housing on property owned by them used for public housing.
The 2016 stability law (law No. 208 of 28 December 2015) has extended to 31 December 2016 the tax deduction for energy upgrades of buildings, to the extent of 65%. The same decree also includes the deduction for works on common parts of blocks of flats and those concerning all the residential units the block consists of.
Since January 1st, 2017 the incentive however will be replaced by the tax deduction (36%) for expenses concerning building renovations. The 2016 stability law has also extended the incentive: for the purchase, installation and commissioning of devices for remote control of heating or DHW or conditioning systems of residential units to works carried out from January 1st to December 31st 2016 by the Autonomous Institutes For Public Housing on property owned by them used for public housing.