Green light for new two-year pre-emptive deal: Freeze taxes for more businesses and self-employed people (even if they avoid it)

Friendly tax authorities went on strike once again: the two-year preventive agreement was extended to cover the VAT figure of 4.1 million; meaning it has been extended to all ISA taxpayers, small businesses and the self-employed on a flat rate regime with a flat tax of 15 per cent. The OK came from the Council of Ministers, which gave the definitive green light to the decree law regarding the evaluation. Let’s try to better understand what the composition with creditors is, who will benefit from this and, above all, why the government has taken this decision, which seems to freeze taxes on small and medium-sized businesses for two years.

Preventive biennial agreement: What changes with the new decree?

Composition of payees already exists, but only for virtuous taxpayers, i.e. VAT numbers with a rating equal to or higher than 8 on the basis of ISA ‘tax report cards’ (Synthetic Financial Reliability Indices), currently only 1.2 million tax available to the taxpayer. businesses. These are entrepreneurs or professionals whom the State has judged to be safe for tax purposes. With the approval of the decree on assessment, the two-year preventive agreement will also be extended to 1.7 million taxpayers with a VAT figure of 1.2 million below this threshold and a flat rate regime with a 15 percent flat tax. The total amount will thus be passed on to more than 4 million taxpayers.

Deputy Minister of Economy Maurizio Leo told a press conference that “an offer will be made to these subjects by the financial administration to ensure that they get rid of the world of false tax relations.” By October 15, taxpayers, join the offer.” The resources to be raised through the biennial composition with creditors “will also be used to complete the next stages of the reform,” he concludes. “Our aim is to be able to further influence the reduction of Irpef rates through the exposure of this taxable issue.” .

Discussions, CGIL: “Mass preemptive amnesty”

The measure in question allows taxpayers to freeze the tax base on which they will pay taxes for 2 years upon the proposal of the Revenue Administration. In short, it freezes taxes for two years. In the past, CGIL has repeatedly said that this was a “mass preventive amnesty” also granted to unreliable taxpayers. The Deputy Minister of Economy reiterated that this move will bring revenue of 1.8 billion euros in two years and that the “cooperation and trust-based relationship” process with companies has been completed with this decree law.

In addition, if the Revenue Administration determines that the taxpayer has hidden more than 30 percent of the income, the concordat with the creditors will lose its validity. However, the taxpayer can terminate the agreement if it records a decrease in turnover of at least 60 percent.

Senator Antonio Misiani, the Democratic Party’s economic director, writes about everyone who pays their taxes down to the last euro: “Extending the agreement to taxpayers with an ISA score below 8 is actually legitimizing tax evasion.” But Leo explained: “The 8 (in the Isa indices, ed) is to gradually move everyone higher in order to combat the phenomenon of tax evasion if it arises. The problem stems from the number of checks for those with a score below 8: since not many are done, we either put them all higher or risk not declaring them.”

Smart anti-AI and new calendar: other measures

Also important news about artificial intelligence (AI) that will unmask tax evaders. The decree strengthens the Internal Revenue Service’s risk analysis using artificial intelligence in accordance with privacy regulations through the interconnection of archival databases and public records for preventive anti-smart checks. The newly introduced new rules will see the deadline for submitting tax returns and responding to a tax calculation proposal be postponed to October 15.

Source: Today IT