In order to be able to use the 2018 super-depreciation, which allow an increase of 30% of the acquisition cost of new material assets to be used for the purpose of determining amortization and lease installments, the investments must be made by 31 December 2018, or by June 30, 2019 under certain conditions.
However, in order to benefit from the "long" term, that is to say for investments made before 30 June 2019, it is necessary that by 31 December 2018 the related order is accepted by the seller and an advance payment of at least 20% of the acquisition cost has been done.
In order to identify the exact moment in which the investment is considered realized, reference should be made to the general rules set forth in article109 of the TUIR. Therefore, it is relevant the date of delivery or shipment of the asset, or, if different and subsequent, the date on which the transfer of property other real right occurs. In the event of a lease, it is relevant the date of delivery of the goods to the lessee (or the positive result of the test). For procurement contract, the completion of the service or, in the case of works in progress, the date on which the work or portion of work is verified and accepted by the client.
However, as regards the “hyper-depreciation”, according to the draft of the financial bill, it would be expected an extension also for 2019, but with significant changes to the amount of the increase. This latter would apply to the cost of acquisition of investments but with different measures: 150% for investments up to 2.5 million euro; 100% for investments between 2.5 and 10 million euro; 50% for investments between 10 and 20 million euro, with a maximum ceiling.