On Sep. 17, ITA Tax issued rules for flat-rate taxpayers, Isa subjects.
ITA Tax issued circular with instructions for biennial preventive agreement (Cpb) for flat-rate taxpayers and Isa subjects, those are available online.
Follows ITA GVT Jun. 2024 issued methodology re biennial composition see, #215922.
Overview
Institution introduced by DLgs 13/2024 to promote reporting spontaneous fulfillment.
Cir 18/E has rules for flat-rate taxpayer, subjects of Synthetic Reliability Indices (Isa).
Starting from group of subjects involved, moving to benefits, conditions, methods and times to join, up to causes of cessation, forfeiture document sets scope of new Cpb.
Last chapter has FAQ e.g. clarifies taxpayer who already sent 2024 declaration without accepting Cpb proposal can still adhere, by submitting corrective declaration within terms by Oct. 31 i.e. deadline for sending Income model for the 2023 tax period.
Key Aspects
Small taxpayers with business, self-employed income can access Cpb; in particular, is dedicated to those who join flat-rate regime, taxpayers required to apply the Isa.
Adherence to proposal allows to plan taxation for experimental year (2024) for flat-rate taxpayers and for 2 years (2024 and 2025) for Isa taxpayers.
Assessments in art 39 of VAT decree cannot be made on all subjects adhering unless, following investigative activities by ITA Tax, cause for forfeiture from Cpb itself occurs.
Additional benefits concern taxpayers who apply Isa, who will be entitled to the specific bonuses of the regime; adherence, however, has no effect for VAT purposes.
Flat-rate taxpayers can fill out LM section of model directly via RedditiOnline service or pre-filled tax return application to define their 2024 income, evaluate if want to join.
Isa taxpayers have Your ISA 2024 CPB software available on ITA Tax’s website to calculate their Isa and access proposal for Cpb.
In both cases, deadline for joining this first year of application is set for Oct. 31, 2024.
Taxpayer who already filed declaration for 2023 tax period without accepting Cpb proposal, still has time to formalize adhesion, filing corrective declaration by Oct. 31.
If taxpayer carries out 2 activities, business and self-employed, both subject to ISA, ITA Tax will formulate separate proposals, taxpayer can adhere to jointly/individually.
Effectiveness
Deadline to submit adherence or correction declaration is Oct. 31, 2024.
