The new decree law and its implications
The recent decree law approved by the Council of Ministers introduced a significant innovation for Italian taxpayers: the extension of the terms of the two-year preventive arrangement until December 12. This measure, which should not be confused with a simple extension, represents a real reopening of the terms, allowing about 500 thousand VAT numbers to regularize their tax position. The previous agreement, which expired on October 31, had already generated revenues of about 1.3 billion euros, resources that the government intends to use to ease the tax burden on the middle class
.
Benefits for taxpayers
The two-year preventive agreement offers self-employed workers and VAT numbers the opportunity to freeze taxes and controls for the next two years, subject to an agreement with the tax authorities. Taxpayers who join by December 12 can settle the amounts evaded in the period 2018-2022, benefiting from advantageous rates that vary from 3% to 15% on the income declared in 2024 and 2025. However, it is essential that taxpayers have already filed their tax returns by October 31 in order to access this opportunity
.
Requirements and how to join
In order to access the biennial budget agreement, taxpayers must meet certain requirements, including not having tax debts exceeding 5,000 euros related to taxes managed by the Revenue Agency. Alternatively, it is possible to join after paying off these debts. It is important to note that outstanding or installment debts are not considered for the purposes of the indicated limit. In addition, taxpayers subject to the Synthetic Fiscal Reliability Indices (ISA) can benefit from additional advantages, encouraging tax compliance and collaboration with the tax
administration.