Cembre Announces 2.67 Million Euro Patent Box Tax Benefit for 2024

Cembre S.p.A. has announced a fiscal benefit of 2.67 million euros for the 2024 financial year, calculated with the help of Deloitte. This benefit is part of the 'Patent Box' agreement with the Italian Revenue Agency, which covers the 2020-2024 tax period. With this calculation, Cembre has completed its assessment for the entire five-year term of the agreement, which provides tax relief for companies generating income from intellectual property.