Tax simplifications
| Insights
At the Article 16 paragraph 1-bis law Decree number 124/2019 – tax Decree linked Budget law 2020 – Government announced new tax simplifications.
News from proposal of law provide less fulfillments to taxpayers, they have as object the communications of data concerning the sale of goods and the provision of services performed and received from subjects not established in the territory of the State (to be included in the so-called Esterometro). Proposal of law concerns also the stamp duty on electronical bills.
The current deadline to file electronically the esterometro is by the end of month following the execution of transactions. Future deadline will be by the end of month following the reference quarter.
For esterometro related to December it is advisable to keep current deadline fixed on 31st December, unless otherwise specified.
The Article 17 paragrafh 1-bis of same proposal of law Government provides faculty to pay stamp duty in two deadline on 16th June and 16th December of every year, if amount is not exceeding annual threshold of Euro 1000 while the current deadline is fixed by 20th of month following the reference quarter.