Excess depreciation 2026, here is the government amendment that rewrites (for the worse) the stimulus - Innovation Post

The government's amendment allows for a period of almost three years of hyper-depreciation, but removes the increase for investment of 5.0.Jump to review attachments.Limited incentives for EU goods.

The government will intervene in the 2026 budget law by presenting a very important amendment to the Senate Budget Committee that will literally revolutionize the hyper-amortization system for Transition 4.0 – Transition 5.0 2026.

Subject Index

2026 hyperdevaluation rewrite amendment.

Let's start with what is expected.The latest rumors called for a one-year extension of the plan to cover investments made from January 1, 2026 to December 31, 2027, with a delivery queue in September 2028 for orders confirmed with payment of a 20% deposit before the deadline of 12/31/2027.We then expected a revision of Annexes A and B, eliminating the need to do so.We are waiting for an interdepartmental decision to give the green light to the plan and finally limit the stimulus only to capital goods manufactured in Europe.However, there was also concern that, to prevent the stimulus bill from growing too large, the government would eliminate the 40% increase planned in the budget proposal for those investments in capital goods that can allow a reduction in energy consumption.

Unfortunately, the changes presented are much worse than expected.

- The plan is estimated to run from January 1, 2026 to September 30, 2028 (with no delivery restrictions).

- The "5.0" increase system for investments in capital goods that will reduce energy consumption has been abolished.

- "Simplification" of outdated items also expires

- Incentives for photovoltaic panels are limited to those provided in letters b) and c) of the Energy Decision, therefore, panels provided in letter a) are cancelled.

- A restriction is introduced according to which the promoted products must be produced in one of the member states of the European Union or in a country that adheres to the Agreement on the European Economic Area.

- The issuance of the central minister order remains

Addendum text

Below is part of the text of Government Amendment 4.1000 relating to Section 94. You can find the full amendment along with other proposed changes at this link.

For Article 94, substitute the following:

- in paragraph 1: "The measures specified in paragraphs 4 and 5 will be increased in relation to the investments specified in paragraph 3 made from January 1, 2026 to December 31, 2026 or until June 30, 2027, if the relevant order and advance payment of at least 20 percent of the price of the seller is received by 2 December 3,"201.180 percent for investments up to 2.5 million euros, 100 percent for investments over 2.5 million euros and 50 percent for investments up to 10 million euros and for investments made in one of the member states of the European Union or in the countries participating in the European Economic Area.";

- In the second sentence of letter b) of paragraph 3, the words: "a), b) and c)" shall be replaced by the following words: "b) and c)";

- delete paragraphs 4, 5 and 6;

- Replace paragraphs 10 and 11 with the following:

«10.The regulation of the Minister of Trade and Made in Italy, in agreement with the Minister of Economy and Finance, to be adopted within 30 days from the date of entry into force of this law, establishes the methods of implementing the provisions referred to in this article, in particular with regard to the procedure for accessing the advantage, as well as the content, methods and conditions of regular communication, certification and transfer of the right to any other document of the intended advantage.

11. The determination of the advance payment to be paid for the tax period running on December 31, 2026 is carried out without taking into account the provisions of this article.";

Update of attachments A and B

Amendment 94.47 Rewrites Appendices A and B of the Government's Industry 4.0 Plan with the original consent agreement.

Appendices have been updated and greatly expanded, for tangible and intangible assets (computers).Amendments to Annexes A and B align incentives with the state of the art approximately ten years later.Emphasis is on artificial intelligence, data integrity and stability.

Fortunately for readers, no additions or changes are mentioned, but the content of these two documents has been completely rewritten.

Revision of Appendix A

In terms of physical goods and Annex A, the most disruptive innovation is the introduction of the fourth group of goods (group IV), which complements the hardware and physical infrastructure required for the digital transition: GPU servers, HPC (high-performance computing) clusters, neural network training systems, as well as local computing devices and industrial edge systems.There are also 5G Private Networks (NPN) and industrial-grade Wi-Fi 6/6E/7 and network security hardware such as industrial firewalls and OT network backup/disaster recovery systems.Finally, an advanced HVAC system is included.

However, the availability of these infrastructural assets is subject to certain conditions: the assets in group IV must be interconnected with the information systems and functionally intended for the execution of the software in Annex B or for the operational support of other capital assets (groups I, II and III).Individual productivity devices (computers, tablets) and office use devices not directly linked to operational processes are expressly excluded.

And then there is asset upgrading for retrofitting.Annex A promotes energy recovery in existing systems as well.In fact, there are highly efficient mechatronic components (such as regenerative drives, smart actuators and interconnected inverters) used to repair (maintain) production systems that promote the circular economy.

Another strategic release is expanding the scope of "Industry 4.0" beyond the factory gates.In fact, interactive totems, digital transformation of parties, self-checkout chains and a connected store.

Update to Appendix B

Appendix B is significantly expanded, even if the Tout Court (ERP, CRM) Court Control Systems included in the previous stage are missing.

The most relevant aspects are:

- Generative Artificial Intelligence and Agentic AI: From a general reference to machine learning in the 2016 version, we moved to clear information on Large Language Models (LLM), Agentic AI (autonomous decision-making systems) and the MLOps platform.

- Sustainability and ESG: Special programs have been launched to calculate carbon footprint, LCA (Life Cycle Assessment) and Digital Product Passport (DPP) platforms.

- New development and data paradigms: The application opens on Belgian code/no-code platforms to democratize application development in the workshop and data spaces by complying with European standards (e.g. IDS-RAM) that establish the importance of reliable data supply chain communication.

- Extended reality and industrial metaverse: we are moving from simple augmented reality to broader definitions of extended reality (XR/MR) and immersive services.

Below is a complete list of products included in the new Appendices A and B.

Edit-Attach-A-B-Annotate the video

This is the interpretation of Franco Canna and Marco Belardi in the company of Davide Della Bella (Ucimu - Sistemi per Produzione) and Marco Vecchio (ANIE Federation).