ITALIAN “STABILITY LAW” 2014: PROVIDED THE APPRECIATION OF INTANGIBLE BUSINESS ASSETS
The Law of 27 December 2013 No. 147 (the "Stability Law 2014"), which entered into force on January 1, 2014, has allowed the appreciation of business assets and investments registered into the company’s balance sheet on 31 December 2012.
Such appreciation can be carried on by all companies adopting the national accounting standards and by all companies having business revenue, for all assets registered into the balance sheet on 31 December 2012, and has to be performed into the balance sheet of the following financial year (generally balanced on 31 December 2013).
This possibility of appreciation, therefore, is also provided for intangible assets such as industrial property rights.