2023-11-16 08:13:42
End in buying and selling real estate with cash and bells from 10,000 to 500,000 euros to offenders but also fines twice the transaction for purchases with cash over 500 euros provides the tax bill. With the new provisions:
The purchase and sale of real estate will be done exclusively using bank means of payment. Contracts that mention partial or total payment of the price in cash are invalid. Persons who violate their obligations are subject to an independent fine equal to 10% of the price that does not appear to have been paid in cash bank means of payment, which cannot fall short of 10,000 euros and exceed 500,000 euros, for each violation. Fines for purchases over 500 euros with cash, which is currently 100 euros, increase to double the value of the transaction. For example, for a transaction of 1,000 euros made in cash, a fine of 2,000 euros will be imposed.
Electronic invoices – myDATA
myDATA has evolved into a key weapon against tax evasion. From 2024, the electronic transmission of accounting records to the AADE while it is specified that tax deductions and deductible expenses are not taken into account, if the documents on which they are based have not been transmitted to myDATA. Also the income from business activity cannot be less than the expenses that have been transmitted to the platform.
Another provision extends until the end of 2024 the application of tax incentives (reduction by 1 or 2 years of the limitation period, express tax refunds and larger deductions from gross income) for those who choose electronic invoicing through an electronic data issuance provider.
Compensation of up to 3,000 euros for branded complaints
Citizens who report counterfeit cash registers through the application “Appodixi“, they will receive as a reward ten times the value of the transaction for which the complaint was made, with a minimum of 100 euros and a maximum of 3,000 euros. A condition for the payment of the fee is that, after the complaint, an audit is carried out and a fine is imposed on the company for violation of the cash register.
Smuggling
Stricter sanctions for forgery, smuggling of fuel or obstruction of control is provided for in the bill. In particular, the installation will be sealed for two years, while the natural or legal persons whose installation was sealed cannot be active in the distribution of energy products also for two years from the detection of the violation.
At the same time enactingi obligations for fuel trading companies to take preventive measures (‘due diligence’) for the adulteration and smuggling of fuel at the stations they work with. Among other things, they are required to check whether the gas stations have the input-output control system, as well as the required licenses and certificates. They are also required to do at least one fuel quality check per year. In case of violations, the companies will stop the cooperation, will withdraw their sign from the offending gas stations and will inform the AADE.
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