Italian 'Bonus Facciate' Tax Incentive for Historic Building Facades Explained
The Italian 'Bonus Facciate' offers a 90% tax deduction for facade restoration on buildings in historic centers (zones A and B per DM 1444/1968), including cultural heritage properties protected under D.lgs 42/2004. Managed by the Agenzia delle Entrate, the deduction is spread over 10 years and can be transferred to banks, Poste Italiane, or private companies. Eligible works include opaque surfaces (plaster, stone, masonry) from eaves to ground, excluding windows, doors, roofs, and non-visible facades. Technical and design costs are covered. For listed buildings, projects require Soprintendenza approval; ecclesiastical properties need Curia clearance. Work must be completed by December 31, 2021, with possible six-month extension if 70% done by year-end. Key professionals include owner, accountant, bank officer, architect, surveyor, restorer, safety technician, contractors, and Soprintendenza officials. The bonus aims to preserve Italy's historical-artistic heritage, though owners typically need 20-25% of total cost upfront.
Key facts
- Bonus Facciate provides a 90% tax deduction for facade restoration on buildings in historic zones A and B.
- The deduction is spread over 10 years and can be transferred to banks, Poste Italiane, or private companies.
- Eligible works include opaque surfaces (plaster, stone, masonry) from eaves to ground.
- Excluded are windows, doors, roofs, non-visible facades, and deep masonry over 10 cm.
- Technical and design costs are included in the bonus.
- For cultural heritage properties, Soprintendenza authorization is required.
- Ecclesiastical properties need preliminary evaluation by the Curia's Cultural Heritage office.
- Work must be completed by December 31, 2021, with possible extension if 70% done by year-end.
Entities
Artists
- Andrea Badoni
Institutions
- Agenzia delle Entrate
- Poste Italiane
- Soprintendenza
- Curia
- Artribune
- Soprintendenze
- Uffici Beni Culturali delle curie
Locations
- Italy