Scrapping fines and new thresholds for concordat: the Senate gives the green light to the Fiscal Decree

The confidence in the tax decree was approved with 99 yes votes in the Senate, and now passes to the House. The tax bill scrapping 5 opens the door to bills for road fines, Imu, Tari and school fees. The 'concordato preventivo' will also give a discount to less faithful VAT payers. In the case of payments by the public administration, the squeeze on professionals will start on 15 June only for those who have tax, social security, or tax debts totalling €5,000 or more. But that's not all, because micro changes are arriving on VAT, on companies for the America's Cup, and on travel agencies. While the financial contribution for Transition 5.0 for renewable energy sources will not be taxed for income tax and Irap. Thus the tax decree crosses the first finishing line with the Senate vote, which triggers a race against time to close the game in the House by 26 May.

Scrapping 5 is extended to the loads entrusted by Regions and other territorial entities to the Agenzia delle Entrate Riscossione (Ader) from 2000 to 2023. It will be up to the entities concerned to decide whether to give the go-ahead to the possibility of amnesty without penalties, interest, and surcharges on tax bills (for traffic fines, the discount concerns interest and surcharges) by notifying the collection agent by 15 June. At that point, the same collection agent will make available by 15 September to debtors, in the area of its institutional website, the data necessary to identify definable loads. From 16 September to 31 October, the debtor interested in the amnesty will have to fill in the declaration electronically and then settle with the payment by 31 January 2027 in a single instalment or in 54 equal bimonthly instalments due at the end of January, March, May, July, September and November of each year. In this case, an annual interest rate of 3 per cent applies.

In order to encourage adhesions to the 2026-2027 two-year period of the arrangement with creditors, the timetable is revised: the deadline for adhering to the arrangement with creditors is increased from 30 September to 31 October. Increased thresholds are also introduced for the most evasion-smelling VAT returns: 30% for those with tax report card scores between 6 and 8, 35% for scores between 1 and 6. These thresholds are in addition to the lower thresholds already provided for those with higher marks. In fact, there is a discount on the proposal (and therefore on the taxes then due) even for the most unreliable subjects, according to the logic followed until now of bringing those who are then difficult to control into the compliance area.

After pressure from professionals, the tightening of the squeeze on payments by the public administration in force from 15 June next year is relaxed: the obligation to offset any debts entered on the tax rolls that have not been settled will only be triggered if the unpaid bills are for a total amount of at least five thousand euro.

Adjustment to VAT on permutations. For the calculation of the taxable base, the reference will be 'the monetary value of the goods and services which are the subject of each exchange, as determined by the contract'. This value may not be less than the total amount of the costs attributable to the supplies.