The blow to the 730: who will have cuts on reimbursements

No more “full” reimbursements to taxpayers who have debts with the State, with INPS or with other entities in their own territory: this is what the government is deciding with cuts on the 730, or the form for the tax return dedicated to employees and retirees.

What is automatic compensation

The objective of Palazzo Chigi is to automatically enhance what the individual taxpayer has to give to the state coffers, trying to create a kind of compensation that can simultaneously incorporate the debts in the tax credit and the credits to be recognized to the person concerned. To give a concrete example, a citizen who boasts a credit of one thousand euros produced by a deduction mentioned in 730 but at the same time also has a debt of 300 euros because he has not paid a fine or a tax bill, would be credited with 700 euros with a “cut” of 300, which is the sum due to him, but everything is automated and “fixed” at the same time as in a sort of 2×1.

What does (the state) want to avoid?

The rule is introduced by the new article 28-ter in the “Consolidated law on collection“(Dpr 602 of 1973) which is ready to be part of the new Budget Law. Has completed the technical investigation and is ready to get on the budget law train. This compensation mechanism, as reported The sun 24 hours, is nothing more than a subsidy for the loss of revenue in the government coffers (tax expenditures). In fact, it happens more and more often that taxpayers ask for and obtain a deduction but also have unpaid bills (especially to local authorities): if the mechanism gets jammed, dangerous holes can be opened for the state coffers.

The numbers testify to this: out of about 750 thousand people who every year receive cross-checks (credits-debts) and who receive a total of almost half a billion euros as tax credits, only 200 million would “return” to the state coffers (for debts accumulated by the taxpayer), 23 million would be shared between the various Bodies and the remaining 240 million between Municipalities, Regions and private bodies. Before paying the requested sum of money, the Revenue Agency checks if the taxpayer is in order with the debts or not. If everything is ok, the Collection Agency sends the amount due to the citizen within 60 days, which will be offset against any debts “pending on the date of the communication and indicated in the notified tax bills“.

Who is excluded

The taxpayers not subject to this compensation will be all those who have obtained from the Agency a suspension or an installment of payments but also those who have to receive reimbursements “cut” below 100 euros. The rule aims to combat tax evasion, which is why it does not apply to small amounts. This new mechanism, however, can complicate the life of the taxpayer because he risks not seeing the procedures activated “executive such as foreclosures to recover the credit claimed by the State or local authorities, and charge the charges for the costs produced by the procedure“. In this case, the taxpayer will send written notice to the collection agent in the same way he can appeal to the competent court for notices of arrest or mortgage.

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