Cheaper voluntary disclosure as D.L. n. 50/2017 is amended in favour of the taxpayer

Commenti disabilitati su Cheaper voluntary disclosure as D.L. n. 50/2017 is amended in favour of the taxpayer 64

June 2, 2017

Amendments to Law Decree n. 50/2017  approved by the Chamber of Deputies introduce some important facilitations to the voluntary disclosure procedure of L.D. n. 193/2016:

  • the taxpayer may recover the tax credit for taxes paid abroad on the employment income object of the procedure
  • the increased penalties apply only in the event that the taxpayer does not opt for the self-assessment of the tax due but waits for the penalty imposed by the Financial Offices;
  • if the amounts deriving from the self-assessment are not fully paid by the taxpayer, the Revenue Agency will only apply the 10% surcharge on the amounts indicated in the model and not actually paid.

For any further information or clarification please contact us.

Similar articles