Last hours to avoid shelling out the extra 6% on accrued and unrealized capital gains as of June 30th with stocks, bonds and derivatives. By tomorrow, Tuesday September 30, Italian savers can communicate their will to banks and financial intermediaries exercise the franking option, a road that allows you to pay the substitute tax at 20%, or with a rate equal to the previous taxation on financial income. It will thus be possible to escape, at least for the moment, the new 26% threshold established by the government with the Irpef decree and in force since XNUMX July.
It is a free choice which presupposes the sending of one written comunication, in the absence of which the tax will automatically rise by six percentage points. In essence, savers are allowed to pay capital gains taxes as if the securities in the portfolio had been sold on June 30th.
If you have more securities deposits, you must inform the financial intermediary on which relief you are requesting. Within individual deposits, it is not possible to choose which securities to pay at the old rate: they will all be taxed in the same way, with the exception of those excluded from the intervention, such as government bonds (on which taxation remains at 12,5%).
In case of managed savings, the responsibility for paying the substitute tax lies with the Bank, which will have to deal with it by November 16th, since the deadline of the 17th falls on a Sunday. Same deadline also in case of declarative regime, with the difference that in this case the saver will have to be careful to indicate the choice of redemption in the Unique 2015 model. The road remains closed instead in the managed savings, since in that case the income is taxed on the basis of the moment in which it accrues and not on the moment in which it is realised.
Furthermore, capital losses they can be used – before expiry, which comes after four years – to offset capital gains. The operation is possible even if capital losses and capital gains refer to different deposits, provided they are held by the same intermediary.
