Amnesty of formal violations – Article1 co. 166-173
The provision states that those irregularities, infractions and omissions of obligations or compliance of a formal nature committed by Oct. 31, 2022, which do not affect the determination of the taxable basis and the payment of the personal income tax, CIT, regional tax and VAT, can be regularized by paying a sum of 200 euros for each tax period.
Definable violations include the following:
- The submission of annual returns prepared not in accordance with the approved forms, or the misstatement or incompleteness of data relating to the taxpayer.
- The omission or irregular submission of periodic VAT settlements; indeed, this violation can be defined only when the tax is paid and not also when the violation had an effect on the determination and payment of the tax;
- The omission, irregular or incomplete submission of Intrastat lists;
- ….
Special self-remediation of tax return – Article 1, par. 174 – 178
The 2023 Budget Law introduces a special remediation that allows taxpayers to correct tax violations relating to “validly submitted” CIT/Regional tax ,VAT and withholding tax returns relating to the fiscal year 2021 and previous ones; therefore, omitted tax returns and returns submitted more than 90 days late, considered omitted by Article 2, co. 7, of Presidential Decree 322/98, cannot be regularized.
Source PwC
