A series of bipartisan amendments – introduced by representatives of FI, Lega, Iv, Avs, Pd and M5s – to the Superbonus Decree under discussion in the Senate Finance Committee calls for extending Superbonus deductions by up to 10 years, in some cases 15 . In a series of amending texts deposited at Palazzo Madama, it is requested that “for expenses incurred from January 1 to December 31, 2023, the deduction” may be divided “at the taxpayer’s option, into ten annual installments of the same value from then on.” of the 2024 tax period.” The solution of extending tax refund years, in theory, could allow us to increase the number of beneficiaries, allowing those with less tax capacity to get the majority of the refund.
In recent weeks, the IRS announced that the option for contributions in the form of a discount or first transfer of credit for expenses incurred in 2023 and the remaining unused portions of deductions relating to expenses incurred in 2020, 2021 and 2022 can be sent by April 4 of 2024. On the same date it was possible to send communications replacing those sent from April 1 to 4, 2024. Another amendment, signed for the first time by the Northern League senator, Massimo Garavaglia, provides that the participation of Municipalities «in The ‘evaluation of illegal acts and recovery of resources’ which is the subject of Revenue documents relating to the Superbonus, both for undue deductions and for non-existent and undue tax credits, is ‘encouraged through the recognition of a quota equal to 50% percent of the main amounts definitively charged, as well as the sanctions applied”. The verification activity, specifies the text, “includes the sharing of data relating to communications about the start of works or qualifications with Enea and the Tax Agency” and any other control activity “intended to allow immediate verification of the correspondence between the interventions carried out and the accumulation of the deduction and its use”.
Other exemption proposals contained in the bipartisan amendments to the Superbonus Decree concern territories affected by seismic events and floods in recent years: Marche, Lazio, Emilia Romagna, Tuscany, Ischia. The changes call for the extension of exceptions to the suspension of the transfer or discount on the Superbonus expense invoice to these territories. A mechanism that could allow you to continue using credit transfers and invoice discounts, albeit with spending limits. The Superbonus – launched in mid-2020 as a tool to revive the economy after the most difficult phase of the Covid pandemic – continues to divide political parties.
Source: IL Tempo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
