The ‘excerpt’ of the tax bills not yet collected and disputed until 2010 by the Revenue Agency begins. In particular, on October 31, 2021, all debts that, as of March 23, 2021, have a residual amount of up to 5 thousand euros, entrusted to the collection agent from January 1, 2000 to December 31, 2010, will be automatically written off. debts of up to 5 thousand euros envisaged by the “Sostegni decree” have been published. With the circular no. 11 / E, signed by the director of the Revenue Agency and issued in agreement with the Revenue-Collection Agency, clarifications are provided on the debts that can be canceled, on the taxpayers who can benefit from the measure and on the timing. In detail, the limit of 5 thousand euros (including capital, interest for delayed registration in the role and penalties) must be calculated in relation to the amounts of the individual charges. Individuals (form 730 and Income 2020) who have received a taxable income of up to 30 thousand euros in the tax year 2019 and entities (joint stock companies, partnerships and non-commercial entities) can access the excerpt. who have achieved, in the current tax period as of 31 December 2019, a taxable income of up to 30 thousand euros.
WHICH PAYABLES CAN BE “WRITTEN”
The Sostegni decree has ordered the automatic cancellation of all debts with a residual amount as of March 23, 2021 up to 5 thousand euros, including capital, interest for delayed registration in the role and penalties, resulting from the individual charges entrusted to the collection agent from 1 January 2000 to 31 December 2010 by any creditor body (except for the debts expressly excluded, listed in the document of practice). Compliance with the ceiling must be calculated taking into account the capital, the interest for delayed registration in the role and the penalties, while the premiums and interest on arrears and any procedural costs are excluded from the calculation. If the taxpayer has more charges registered in the role, the amount of each counts: if the individual charges do not exceed 5 thousand euros, they can all benefit from the cancellation. The excerpt also applies to debts falling within the “Scrapping-ter” (Legislative Decree no. 119/2018), the “Balance and excerpt” (Budget law 2019) and the “Reopening of the terms” (provided for by Legislative Decree no. 34 / 2019). On the website of the Revenue-Collection Agency it is possible to check whether the debts admitted to the aforementioned facilitated definitions can be canceled.
THE CONTRIBUTORS CONCERNED
The payables that may be subject to an excerpt must refer to individuals and subjects other than individuals who have achieved taxable income, respectively in the tax year 2019 and in the tax period in progress as of 31 December 2019 up to 30 thousand euros. For natural persons, the 2020 Single Certifications and the 730 and PF 2020 Income declarations present in the database of the Revenue Agency as of 14 July 2021 are taken into consideration. For subjects other than natural persons, instead, reference is made to the declaration models Income Corporations, partnerships, non-commercial entities, whose title page indicates a tax period that includes the date of 31 December 2019.
HOW THE EXTRACTION HAPPENS
The Revenue Agency carries out checks on the possession of the requisites by the taxpayers concerned, reporting the tax codes that remain out for exceeding the income requirement, and by 30 September will give the green light to the cancellation. The collection agent will automatically arrange the Extraction; the taxpayer can verify that the debts have been canceled by consulting his debt situation in the manner made available by the collection agent. The payables subject to the Extract are all automatically canceled on 31 October 2021.