In 2023, the implied tax subsidy rate on R&D expenditures for loss-making large firms in Italy stood at 0.06. Forecasts indicate a slight upward trend, starting at 0.07 in 2024, reaching 0.09 by 2028. The year-on-year growth rates from 2024 to 2028 show modest increments of about 14% to 0% with a cumulative average growth rate (CAGR) of approximately 7% during this five-year period.
Future trends to monitor include:
- Policy changes affecting R&D incentives, potentially altering subsidy rates.
- Economic conditions impacting corporate investments in R&D.
- Technological advancements and their influence on R&D strategies.
