ApprofondimentiCircolariMemorandum N. 12 Feb. 7, 2024 ‘Super deduction’ for new hires in 2024

7 February 2024

1 PREMISE

Art. 4 of Legislative Decree No. 216 dated Dec. 30, 2023 (so-called “IRPEF-IRES Reform” Legislative Decree) introduced, for the tax period after the one in progress on Dec. 31, 2023 only (tax period 2024 for “solar” subjects), a surcharge, for income determination purposes, on the incremental labor cost for new permanent hires.

It is, therefore, a “super deduction” for new hires, recognized under certain conditions.

 

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