The scope of the incentive includes the removal and disposal of asbestos from roofing and other structures of goods and production facilities located within Italy, carried out in compliance with environmental and workplace safety regulations. Professional consulting and technical appraisal costs (including, for example, those incurred for the preparation and submission of the Work Plan) are also eligible, subject to a limit of 10% of the total costs incurred and, in any case, up to a maximum of €10,000 for each remediation project. Among the eligible expenses, in particular, Article 2 of Ministerial Decree 15 June 2016 refers to the removal and disposal of slabs, water tanks, pipes, and chimney flues

However, mere encapsulation and confinement interventions are not eligible for the incentive. Asbestos remediation and disposal interventions must be completed at the time of application submission. Furthermore, the corresponding invoices must be issued and paid by 2016.

The tax credit is recognized at 50% of the expenses incurred for interventions carried out between January 1 and December 31, 2020, provided that the total expenditure incurred for each remediation project, considered as a whole, is at least €20,000. For example, if the cost of the intervention is €70,000, the application is eligible (amount greater than €20,000) and the applicable contribution is €35,000 (70,000 x 50%). The tax relief, in any case, applies up to a maximum expenditure limit of €400,000 for each business, which corresponds to a maximum tax credit of €200,000 (reduced to €100,000 for businesses engaged in road haulage for third parties). Regardless of the asbestos removal work carried out (which in any case costs more than €20,000 each), the maximum spending limit per company is €400,000.

(Source Integraonline)