Innovative start-ups and SMEs: convertible financial instruments carrying economic and/or administrative rights can benefit from tax advantages

  With the answer to the advance tax ruling no. 96 of 5 April 2019, the Italian Tax Authority has confirmed that the subscription of financial instruments carrying economic and/or administrative rights issued by Italian innovative start-ups or SMEs shall be included among eligible investments, pursuant to art. 29 of Law Decree no. 179/2012.  …