forgiveness onIMU? Not exactly. An amendment to the Fiscal decree - which, together with the manoeuvre, probably travels towards trust in Parliament - proposes to extend to local taxes active repentance. On Thursday the proposed modification, presented by Forza Italia, was approved with a unanimous vote by the Finance Commission of the Chamber.
The procedure of voluntary repentance allows the taxpayer who has not paid (or has paid less than due) to comply on his own initiative (essentially with a self-report), agreeing to shell out a little more for the delay, but avoiding the fines up to 10 times higher that the Revenue Agency would inflict following an assessment procedure. It is not an amnesty, because the amounts owed are paid in full, as well as the interest: there is only a discount on the penalties. However the discount is there.
Until now, the use of active repentance for local taxes has always been limited and with limited times. The new amendment, on the other hand, provides for lengthening the times to help latecomers.
In its canonical form, industrious repentance works like this:
- Delay up to 14 days: fine equal to 0,1% of the unpaid tax for each day of delay (sprint repentance).
- Delay between 15 and 30 days: fixed fine equal to 1,5% of the unpaid tax (brief repentance).
- Delay between 31 and 90 days: fixed fine at 1,67% of the unpaid tax (90 day settlement).
- More than 90 days but within the deadline for submitting the tax return relating to the year in which the violation was committed: fixed penalty of 3,75% of the unpaid tax (long repentance).
"The conditions are equalized - comments the president of Confedilizia, Giorgio Spaziani Testa - Furthermore, it must be noted that the taxable income of the Imu is difficult to circumvent, therefore the omitted payments are often attributable to economic conditions of real difficulty".
Another important novelty brought to the tax decree concerns the so-called "tampon tax”. Thanks to an agreement found on Wednesday evening between seven parliamentarians (led by Laura Boldrini) and the Minister of Economy, Roberto Gualtieri, VAT on female sanitary pads it will be torn down by 22 to 5%, guaranteeing substantial savings to consumers. Be careful though: the discount will cover only compostable and biodegradable products.
The amendment on the tampon tax will be agreed upon by the government and the rapporteur and will be immediately signed by the 32 MPs of the women's intergroup, which cuts across all parties.
Other amendments concern bonuses for the home.
Il facade bonuses remains 90% of the expenses incurred in 2020, but a spending ceiling appears, which is still very high: 192 thousand euros. The amendment also specifies that the façade bonus can be combined with the renovation bonus and the eco-bonus, but only if the invoices are analytical, i.e. if they contain details of the individual works.
Il green bonus, which at first seemed destined to be cancelled, will in all likelihood be extended to next year as well.
Finally, a new tax discount appears: the bonus taps, which provides for the extension of the 65% eco-bonus to documented expenses made "for the purchase and installation of sanitary taps with a flow rate equal to or less than 6 liters per minute, shower heads and shower columns equipped with a equal to or less than 9 liters per minute, flush cisterns and sanitary fixtures with an average flush volume equal to or less than 4 liters”. The tax discount should have a multi-year scope and cover the expenses incurred from 1 January 2020 to 31 December 2022, for a maximum spending value of 3 thousand euros.
