{"id":7085,"date":"2025-07-23T12:39:52","date_gmt":"2025-07-23T12:39:52","guid":{"rendered":"https:\/\/pglex.it\/?p=7085"},"modified":"2025-07-23T12:39:57","modified_gmt":"2025-07-23T12:39:57","slug":"investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified","status":"publish","type":"post","link":"https:\/\/pglex.it\/en\/investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified\/","title":{"rendered":"Investments in start-ups and SMEs: deduction deferred to the year in which the OICR becomes \u201cqualified\u201d"},"content":{"rendered":"

In response no. 184\/2025, the Italian Revenue Agency clarified a crucial point for those who invest in innovative start-ups and SMEs through OICR funds: the tax deduction is not automatic upon subscription of the shares, but starts from the tax period in which the fund meets the minimum requirement of 70% of qualified investments.<\/p>\n

In an article in Il Sole 24 Ore<\/strong>, Domenico Ponticell<\/strong>i explains the reasons for this interpretation and analyzes the operational impact for investors.<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

In response no. 184\/2025, the Italian Revenue Agency clarified a crucial point for those who invest in innovative start-ups and SMEs through OICR funds: the tax deduction is not automatic…<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-7085","post","type-post","status-publish","format-standard","hentry","category-news-en"],"acf":[],"yoast_head":"\nInvestments in start-ups and SMEs: deduction deferred to the year in which the OICR becomes \u201cqualified\u201d - PedersoliGattai<\/title>\n<meta name=\"description\" content=\"In an article in Il Sole 24 Ore, Domenico Ponticelli explains the reasons for this interpretation and analyzes the operational impact for investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pglex.it\/en\/investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investments in start-ups and SMEs: deduction deferred to the year in which the OICR becomes \u201cqualified\u201d - PedersoliGattai\" \/>\n<meta property=\"og:description\" content=\"In an article in Il Sole 24 Ore, Domenico Ponticelli explains the reasons for this interpretation and analyzes the operational impact for investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pglex.it\/en\/investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified\/\" \/>\n<meta property=\"og:site_name\" content=\"PedersoliGattai\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-23T12:39:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-23T12:39:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pglex.it\/wp-content\/uploads\/2025\/07\/InthePress_Ponticelli_eng-scaled.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1338\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"sbastianelli@pglex.it\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sbastianelli@pglex.it\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/pglex.it\\\/en\\\/investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/pglex.it\\\/en\\\/investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified\\\/\"},\"author\":{\"name\":\"sbastianelli@pglex.it\",\"@id\":\"https:\\\/\\\/pglex.it\\\/en\\\/#\\\/schema\\\/person\\\/b99dfb84b21cdb6c9168bfebe24d7051\"},\"headline\":\"Investments in start-ups and SMEs: deduction deferred to the year in which the OICR becomes \u201cqualified\u201d\",\"datePublished\":\"2025-07-23T12:39:52+00:00\",\"dateModified\":\"2025-07-23T12:39:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/pglex.it\\\/en\\\/investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified\\\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\\\/\\\/pglex.it\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/pglex.it\\\/en\\\/investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/pglex.it\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/InthePress_Ponticelli_eng-300x157.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/pglex.it\\\/en\\\/investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified\\\/\",\"url\":\"https:\\\/\\\/pglex.it\\\/en\\\/investments-in-start-ups-and-smes-deduction-deferred-to-the-year-in-which-the-oicr-becomes-qualified\\\/\",\"name\":\"Investments in start-ups and SMEs: deduction deferred to the year in which the OICR becomes \u201cqualified\u201d - 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