News
News and events from the world of taxation
THE NEW ITALIAN PLASTIC -TAX
Italy’s Budget Law for the fiscal year 2020 confirmed the introduction of a proportional tax on manufactured products in plastic for single-use (also called “MACSI”), aimed at reducing the production and consumption of plastic. The new plastic-tax was remanded with Budget Law for the fiscal year 2021, and the new rules are fixed at the date of 1st July 2021. The date is not sure, it is probable that the tax will be remanded another time, we are waiting for an update from the Italian government.
Stamp duty tax: informative
The next 20th of January is the deadline for the payment of stamp duty tax on e-invoices issued in the fourth quarter of 2020.
Withholding taxes with reference to contract and sub-contract agreements
the art. 4 of the Law Decree no. 124 (so-called Tax Decree) converted into law on 18th December 2019, has introduced important changes in regard of Tax withholdings and compensations between “Contracting companies” and “Contractor/Subcontractor Companies”
Stamp duty tax on e-invoices: deadline for payment 21 october 2019
The next 21st of October is the deadline for the payment of stamp duty tax on e-invoices issued on the third quarter of 2019. According to Ministerial Decree of 28 December 2018, infact, “payment of tax related to e-invoices issued in each quarter is due within the 20 of the first following month”. As the deadline would be on Sunday, the payment deadline shifts to 21st of October.
Stamp duty tax on e-invoices: deadline for payment 22 July 2019
The next 22 of July is the deadline for the payment of stamp duty tax on e-invoices issued on the second quarter of 2019. According to Ministerial Decree of 28 December 2018, infact, “payment of tax related to e-invoices issued in each quarter is due within the 20 of the first following month”. As the 20 July will be Saturday, the deadline is postponed to the first working day.
Stamp duty tax on e-invoices: deadline for payment 23 April 2019
The next 23 of April is the deadline for the payment of stamp duty tax on e-invoices issued on the first quarter of 2019
ANNUAL TAX FOR CORPORATE BOOKS
The deadline for payment of the annual tax for corporate books expires on 18 March 2019. The payment obligation refers to the companies, to those in liquidation and to the consortia as well (excluding cooperatives and mutual insurance companies).
“Super-depreciation” by December 31, 2018
In the draft of the 2019 financial bill there is currently no provision for the so-called “super-depreciation”, but only that of the “iper-depreciation”, albeit with some modifications.
Baldazzi Zattera & Associati has joined the ANTEA international network
Baldazzi Zattera & Associati has joined the ANTEA international network, an association of independent firms present in 60 countries with over 200 offices worldwide, with a strong presence in Europe and Latin America.