On Feb. 26, ITA Tax issued form and guide for withholding tax.
ITA Tax approved the definitive form 770/2024 of the tax withholding agent declaration accompanied by a guide for completing it and technical characteristics to be respected.
Document dated Feb. 26, 2024, was received on Feb. 28, 2024 due to a new feed.
Main Points
The model also includes withholdings on dividends, income from participations, capital gains or financial transactions with related payments as well as the tax credits used.
The sums liquidated due to seizure procedures with third parties are also included.
The euro amounts entered in the form must be rounded to the second decimal place.
Among the new features of 770/2024, is the section re the liberation of shares from Oicr, the note for the flood emergency in the ST and SV areas and a new column.
For the management of credit from special supplementary treatment in the SX area.
Effectiveness
Form 770 must be transmitted electronically to the Revenue Agency by Oct. 31 of the year following the year of reference of the declaration.
