The Italian government is working on a comprehensive tax reform aimed at making the system fairer, more transparent, and efficient. The Meloni government has consistently emphasized the need to modify both taxation for Italians and systems to facilitate debt payments, rather than circumventing them. The latest news also mentions possible rewards for taxpayers who are up to date with their tax payments.
One of the proposed changes is the introduction of a new bonus exclusively for those who have consistently paid their taxes. The Deputy Minister of Economy, Leo, has announced the debut of this bonus, which aims to recognize and reward taxpayers who are in compliance with their tax obligations.
The government’s idea is to define incentives not only for those who enter into agreements with the tax authorities and for businesses that hire employees but also to establish a system that would create a sort of “tax report card” for each taxpayer. Those who are in compliance with their tax payments will be rewarded and pay lower taxes.
On the other hand, taxpayers who receive a low score on their report card, for example, a 3, will receive a proposal from the tax authorities to join a payment plan, known as “4.0,” in order to improve their score and reach an acceptable level.
In addition to the new tax bonus for compliant taxpayers, the government is also considering introducing new amnesty programs as part of the 2023 tax reform. These programs would provide debtors with an opportunity to regularize their positions with the state in a more favorable manner. However, the details of these amnesty programs, including who will be eligible and how they will work, have not yet been announced.
It is worth noting that several tax amnesty programs are already in effect. The deadlines for special settlements and the regularization of formal violations have been extended until October 30, 2023. These programs allow taxpayers to pay reduced penalties for violations committed before October 31, 2022.
The 2023 tax reform is expected to introduce a new amnesty program, in addition to the existing ones, for the settlement of fines and outstanding debts. These programs provide an excellent opportunity for taxpayers to regularize their positions with the tax authorities. They include the new 2023 amnesty program, which allows for the total cancellation of fines and debts up to €1,000 received between 2000 and 2015, as well as reduced payments for debts exceeding €1,000. Another program allows taxpayers to pay a fixed amount of €200 for formal violations related to income taxes, VAT, and regional tax on productive activities committed before October 31, 2022.
Furthermore, there is a new amnesty program that allows taxpayers to pay contested tax and social security contributions, along with reduced interest and additional amounts calculated at 3% instead of 10%, with an interest rate of 3.5%.
It is important to note that the 3% penalty amnesty only applies to payment notices for which the payment deadline has not yet expired for the tax periods ending on December 31, 2019, December 31, 2020, and December 31, 2021. This favorable settlement applies to tax returns filed in 2020, 2021, and 2022 for both income taxes and VAT.
The introduction of these new bonuses and amnesty programs is part of the government’s efforts to reform the tax system and encourage compliance among taxpayers. These measures aim to create a fairer and more efficient tax system while providing opportunities for debtors to regularize their positions with the tax authorities.The Italian government is working on a deep revision of the tax system to make it fairer, more transparent, and efficient. The Meloni government has always emphasized the need to modify both taxation for Italians and systems to facilitate debt payments instead of evading them. The latest news also talks about possible rewards for taxpayers who are up to date with their tax payments.
One of the surprises being prepared is a new bonus that will be awarded only to those who have been consistently compliant with tax payments. The Deputy Minister of Economy, Leo, has announced the introduction of this bonus. The government’s idea is to define rewards not only for those who agree to a pact with the tax authorities and reductions for businesses that hire employees but also to develop a system that will establish a sort of “tax report card” for each taxpayer. Those who are up to date with their taxes will be rewarded and will pay less taxes.
On the other hand, taxpayers who receive a low score on their report card, for example, a 3, will receive a proposal from the tax authorities to join a payment system, known as “4.0,” in order to improve their score and reach an acceptable level.
In addition to the new tax bonus for compliant taxpayers, there are also plans for new amnesty programs as part of the tax reform in 2023. The government has announced its intention to include a new amnesty program in the tax reform to provide another opportunity for citizens with outstanding debts to regularize their positions in a facilitated manner. However, the details of this program, including who will be eligible and how it will work, have not yet been disclosed.
What is known so far is that the new amnesty program is expected to cover penalty notices, but there is still limited information on the specifics, such as the requirements and timelines.
Among the already approved tax measures for taxpayers with outstanding debts are extensions of deadlines for existing amnesty programs, such as the special reconciliation and regularization of formal violations. The deadline for the regularization of formal violations committed until October 31, 2022, has been extended to October 30, 2023, with a payment of 200 euros. The deadline for the special reconciliation of tax violations, with a reduced penalty of one-eighteenth of the minimum amount, has also been extended from March 31, 2023, to September 30, 2023.
The deadlines have also been extended to September 30 for:
– The settlement of tax disputes, with the deadline for submitting an application set for June 30.
– The facilitated conciliation of tax disputes, which allows for the possibility of reaching a conciliation agreement by June 30, 2023, and benefiting from a reduction in penalties to one-eighteenth of the minimum amount.
– The facilitated waiver of pending disputes in the Court of Cassation, which offers the same benefit regarding penalties, with a waiver of the main or incidental appeal by June 30, 2023.
The new amnesty program proposed in the 2023 tax reform, along with the newly established extensions, will complement the existing amnesty programs for the payment of outstanding fines and penalties. These programs provide an excellent opportunity for taxpayers to regularize their positions with the tax authorities. They include the new 2023 amnesty program, which allows for a total waiver of fines for fines and penalties up to one thousand euros received between 2000 and 2015, as well as reduced payments for those with debts exceeding one thousand euros. There is also a new amnesty program that allows for a fixed payment of 200 euros for taxpayers who receive notices or penalties for formal violations, such as formal irregularities related to income taxes, VAT, and regional tax on productive activities committed until October 31, 2022.
Additionally, there is a new amnesty program that allows for the payment of friendly notices received for taxes and contested social security contributions with reduced interest and additional amounts calculated at 3% instead of 10%, with an interest rate of 3.5%.
The 2023 amnesty program with a 3% penalty instead of 10% applies only to friendly notices for which the payment deadline has not expired for the tax periods ending on December 31, 2019, December 31, 2020, and December 31, 2021. The facilitated settlement applies to declarations filed in 2020, 2021, and 2022 for both direct income taxes and VAT.
These measures aim to provide taxpayers with opportunities to settle their outstanding debts and improve compliance with tax obligations.
What are the specific requirements and deadlines for taxpayers to benefit from the new amnesty programs for contested tax and social security contributions under Alties?
Alties.
Furthermore, there is a new amnesty program that allows taxpayers to settle contested tax and social security contributions, with reduced interest and additional amounts calculated at a lower rate.
It is important to note that these amnesty programs have specific requirements and deadlines. They aim to provide taxpayers with an opportunity to regularize their positions with the tax authorities and resolve outstanding debts in a more favorable manner.
The introduction of these new bonuses and amnesty programs is part of the government’s broader efforts to reform the tax system and encourage compliance among taxpayers. The goal is to create a fairer and more efficient tax system while providing opportunities for debtors to resolve their tax obligations.
This is an important step towards creating a fair and just tax system that rewards law-abiding citizens. It’s encouraging to see the government taking action to address tax evasion and ensure that everyone contributes their fair share.