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Orsini says Iperammortamento worked, urges continued investment

Original: emanuele orsini

Emanuele Orsini, president of Italian industrial lobby Confindustria, said the Iperammortamento measure — the tax scheme allowing companies to write off investments by locking capital at a fixed rate — has worked and called for firms to keep investing. His remarks, reported by ANSA, come amid debate in Italy over the future of the incentive and its impact on company balance sheets.

Why now: The head of Confindustria publicly backed the Iperammortamento scheme amid ongoing Italian debate over business investment policies.

Emanuele OrsiniConfindustriaItaly

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