{"id":7132,"date":"2019-05-10T09:23:32","date_gmt":"2019-05-10T07:23:32","guid":{"rendered":"https:\/\/dev.andersen.dotandmedia.com\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/"},"modified":"2024-03-15T15:04:24","modified_gmt":"2024-03-15T14:04:24","slug":"more-tax-deduction-for-imu-from-corporate-and-self-employment-income","status":"publish","type":"post","link":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/","title":{"rendered":"More tax deduction for IMU from corporate and self-employment income"},"content":{"rendered":"<p>Article nr.3 of Law Decree nr. 34 of April 30<sup>th<\/sup>, 2019 has increased the deductibility rate of property tax (\u201cIMU\u201d) paid for capital real estate, for corporate and self-employment income tax purposes. The principle is that said property tax is not fully deductibile from taxable income.<\/p>\n<p>The Law Decree provides for a gradual increase of the deductibility rate as shown below:<\/p>\n<ul>\n<li>50% for the tax period commencing after December 31<sup>st<\/sup>, 2019<\/li>\n<li>60% for the tax periods commencing after December 31<sup>st <\/sup>2020 and December 31<sup>st<\/sup> 2021<\/li>\n<li>70% from the tax periods commencing December 31<sup>st<\/sup><\/li>\n<\/ul>\n<p>Property taxes are deductible on cash basis. Therefore, said deduction will be reported in the income tax return with respect of the tax year in which the tax has been paid by the taxpayer.<\/p>\n<p>Please do not hesitate to reach out to our Professionals in case you need further clarifications on the above.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article nr.3 of Law Decree nr. 34 of April 30th, 2019 has increased the deductibility rate of property tax (\u201cIMU\u201d) paid for capital real estate, for corporate and self-employment income tax purposes. The principle is that said property tax is not fully deductibile from taxable income. The Law Decree provides for a gradual increase of [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":8357,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-7132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>More tax deduction for IMU from corporate and self-employment income - Andersen Italy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More tax deduction for IMU from corporate and self-employment income - Andersen Italy\" \/>\n<meta property=\"og:description\" content=\"Article nr.3 of Law Decree nr. 34 of April 30th, 2019 has increased the deductibility rate of property tax (\u201cIMU\u201d) paid for capital real estate, for corporate and self-employment income tax purposes. The principle is that said property tax is not fully deductibile from taxable income. The Law Decree provides for a gradual increase of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/\" \/>\n<meta property=\"og:site_name\" content=\"Andersen Italy\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-10T07:23:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-15T14:04:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/shutterstock_686210857-small.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2449\" \/>\n\t<meta property=\"og:image:height\" content=\"1632\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Marta Pasqui\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marta Pasqui\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/\"},\"author\":{\"name\":\"Marta Pasqui\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/ac3e314b15571586385d05860459d453\"},\"headline\":\"More tax deduction for IMU from corporate and self-employment income\",\"datePublished\":\"2019-05-10T07:23:32+00:00\",\"dateModified\":\"2024-03-15T14:04:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/\"},\"wordCount\":148,\"image\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/shutterstock_686210857-small.jpg\",\"articleSection\":[\"Insights\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/\",\"name\":\"More tax deduction for IMU from corporate and self-employment income - Andersen Italy\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/shutterstock_686210857-small.jpg\",\"datePublished\":\"2019-05-10T07:23:32+00:00\",\"dateModified\":\"2024-03-15T14:04:24+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/ac3e314b15571586385d05860459d453\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/#primaryimage\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/shutterstock_686210857-small.jpg\",\"contentUrl\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/shutterstock_686210857-small.jpg\",\"width\":2449,\"height\":1632},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"More tax deduction for IMU from corporate and self-employment income\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/\",\"name\":\"Andersen Italy\",\"description\":\"Andersen Italy\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/ac3e314b15571586385d05860459d453\",\"name\":\"Marta Pasqui\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g\",\"caption\":\"Marta Pasqui\"},\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/author\\\/marta-pasqui\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"More tax deduction for IMU from corporate and self-employment income - Andersen Italy","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/","og_locale":"en_US","og_type":"article","og_title":"More tax deduction for IMU from corporate and self-employment income - Andersen Italy","og_description":"Article nr.3 of Law Decree nr. 34 of April 30th, 2019 has increased the deductibility rate of property tax (\u201cIMU\u201d) paid for capital real estate, for corporate and self-employment income tax purposes. The principle is that said property tax is not fully deductibile from taxable income. The Law Decree provides for a gradual increase of [&hellip;]","og_url":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/","og_site_name":"Andersen Italy","article_published_time":"2019-05-10T07:23:32+00:00","article_modified_time":"2024-03-15T14:04:24+00:00","og_image":[{"width":2449,"height":1632,"url":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/shutterstock_686210857-small.jpg","type":"image\/jpeg"}],"author":"Marta Pasqui","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Marta Pasqui","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/#article","isPartOf":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/"},"author":{"name":"Marta Pasqui","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/ac3e314b15571586385d05860459d453"},"headline":"More tax deduction for IMU from corporate and self-employment income","datePublished":"2019-05-10T07:23:32+00:00","dateModified":"2024-03-15T14:04:24+00:00","mainEntityOfPage":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/"},"wordCount":148,"image":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/#primaryimage"},"thumbnailUrl":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/shutterstock_686210857-small.jpg","articleSection":["Insights"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/","url":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/","name":"More tax deduction for IMU from corporate and self-employment income - Andersen Italy","isPartOf":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/#primaryimage"},"image":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/#primaryimage"},"thumbnailUrl":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/shutterstock_686210857-small.jpg","datePublished":"2019-05-10T07:23:32+00:00","dateModified":"2024-03-15T14:04:24+00:00","author":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/ac3e314b15571586385d05860459d453"},"breadcrumb":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/#primaryimage","url":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/shutterstock_686210857-small.jpg","contentUrl":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/shutterstock_686210857-small.jpg","width":2449,"height":1632},{"@type":"BreadcrumbList","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/more-tax-deduction-for-imu-from-corporate-and-self-employment-income\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dev.andersen.dotandmedia.com\/en\/"},{"@type":"ListItem","position":2,"name":"More tax deduction for IMU from corporate and self-employment income"}]},{"@type":"WebSite","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#website","url":"https:\/\/dev.andersen.dotandmedia.com\/en\/","name":"Andersen Italy","description":"Andersen Italy","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dev.andersen.dotandmedia.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/ac3e314b15571586385d05860459d453","name":"Marta Pasqui","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g","caption":"Marta Pasqui"},"url":"https:\/\/dev.andersen.dotandmedia.com\/en\/author\/marta-pasqui\/"}]}},"_links":{"self":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/7132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/comments?post=7132"}],"version-history":[{"count":1,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/7132\/revisions"}],"predecessor-version":[{"id":25812,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/7132\/revisions\/25812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/media\/8357"}],"wp:attachment":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/media?parent=7132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/categories?post=7132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/tags?post=7132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}