The list is long, it is better to catch your breath: Imu, Tasi, Tari, Irpef, Iva, Ires, Irap, Ivie, Ivafe, coupon on rents and Tobin tax. These are the tax obligations that come due today, Thursday 16 June. In all, Italian businesses and taxpayers will have to pay over 50 billion euros: of these, almost 35 will end up in the state coffers, while 11 will go to the Municipalities and just over 5 to the Regions.
The most onerous payment concerns the Irpef withholdings of employees and collaborators, which through the withholding agent will be transferred from the companies to the Treasury for an amount equal to 11 billion euros. The most awaited appointment, however, is the one with the advances on taxes on the house.
TAXES AND IMU
This year for the first time the main houses will be excluded not only from the Imu, but also from the Tasi. The total savings for the pockets of Italians amounts to 3,5 billion euros, equal to about 200 euros per family. In any case, only the first installment of Imu and Tasi will produce revenue of over 10 billion, half of which will be paid by citizens and half by businesses.
Here is a diagram that summarizes in which cases families have to pay Imu and Tasi and in which they can instead avoid putting their hands on their wallets.
¹ Confirmed the exemptions also on the appurtenances of the main house, but only on one appurtenance for each type (box, cellars, attics…).
² A 50% discount on the taxable base is foreseen if the loan contract is registered and has first-degree relatives in the direct line (parents or children) who use the property as their main residence. Furthermore, the bailer must not be the owner of other residential properties in Italy and must reside by birth in the same municipality in which the property granted on loan is located. As an alternative to the previous point, in addition to the property granted on loan, he can own another non-luxury house used as his own home in the same municipality.
³ For houses rented at an agreed rent, a 25% reduction in the tax base is envisaged for both the IMU and the Tasi.
TARI
The waste tax is payable by anyone who owns a property, for any reason. Today the deadline for payment in a single solution expires, but each Municipality can provide for several installments with different terms.
PIT
– Balance 2015 and first down payment 2016.
– Regional and municipal surcharges.
– Irpef advance on income subject to separate taxation to be indicated in the return and not subject to withholding tax.
IVA
– Monthly expiry
– Installment of the VAT balance due on the basis of the annual return.
– 2015 balance resulting from the annual return, increased by 0,40% per month or fraction of a month for the period 16/03/2016-16/06/2016.
IRES
– Balance for 2015 and first advance for 2016. Those who postpone the payment to June 30th pay a surcharge of 0,4%.
IRAP
– Balance 2015 and first down payment 2016.
RENTAL COUPON
– Balance for 2015 and first installment for 2016.
TOBIN TAX
– Payment of financial transaction tax due on transfers of ownership of shares and other participating financial instruments (as well as securities representing such instruments) made in the previous month. The levy also affects high-frequency trading, as well as transactions in derivative financial instruments and securities.
IVIE
– Balance for 2015 and first advance for 2016. This is the tax on the value of properties located abroad, intended for any use.
VATFE
– Balance for 2015 and first advance for 2016. Ivafe is the tax on the value of financial assets held abroad.
