Italy’s Patent Box Regime Should Escape Criticism Because of Alignment with OECD Nexus Approach

Author: Piergiorgio Valente, Davide Bergami, and Sophie Harding

Italy has introduced a patent box regime based on the OECD’s nexus approach, which will grant exemptions for profits derived from certain intangible assets for corporate and regional tax purposes. Italy’s alignment with the OECD should keep the usual patent box-related criticism at bay.