29.122010

Taxation on TFR (Italian termination benefits) exceeding 1.5 million euro

With Italian Ministerial Decree of 29 October 2010, published in Italian Gazette no. 300 the 15% solidarity contribution on maximum TFR amounts has been regulated – enacting article 1, paragraph 222, of Italian Law no. 296/2006. With Italian Ministerial Decree of 29 October 2010, published in Italian Gazette no. 300 the 15% solidarity contribution on…

18.102010

10% tax abatement with double refund

There are two possible times for obtaining a refund of taxes paid on sums received by workers during the 2008/2010 period for nighttime and overtime work. There are two possible times for obtaining a refund of taxes paid on sums received by workers during the 2008/2010 period for nighttime and overtime work. The first at…

03.092010

Inland Revenue Office : Resolution no. 83/2010 and tax breaks

Inland Revenue Office Resolution no. 83/2010 establishes that the remuneration for nighttime work must be subject to a tax abatement (as per article 2, Italian Legislative Decree no. 93/2008) of the entire amount: i.e. for the ordinary amount and for any overtime due by contract. Inland Revenue Office Resolution no. 83/2010 establishes that the remuneration for…

04.082010

Inland Revenue: special tax system for payments productivity-related payments

The Inland Revenue Office issued note no. 109657 dated 30 July 2010 which interpreted article 2, letter c), section 1 of Law no. 93/2008 (instituting the special tax regime or a 10% substitute tax on IRPEF and surcharges), envisage that, if connected to increases in productivity, The Inland Revenue Office issued note no. 109657 dated…