The DL 18/2020 provided various measures of economic support and has also intervened on the deadlines and tax obligations
DEPOSITS (ART. 61). For taxpayers who earned revenues and compensation of up to €2 million in 2019, payments due from 8 March to 31 March are suspended. The payments affected by the suspension are those of VAT, additional IRPEF and withholding taxes, as well as social security and welfare contributions and compulsory insurance premiums. For the effect of the aforementioned suspension, the payment must be made in a single instalment by May 31 or in 5 monthly instalments with first instalment from May. Regardless of the turnover declared in the previous year, taxpayers operating in the tourism, catering, gaming and sports sectors can access the above mentioned suspension. It’s interesting (and it can be read in art. 62, paragraph 7) that professionals, commercial agents and representatives with a turnover of less than 400,000 Euros may, upon presentation of a specific declaration, avoid withholding taxes in relation to revenues and compensation received between 17 March (i.e. the date of entry into force of the provision in question) and 31 March. The purpose of this facilitation resides in the willingness to grant greater liquidity: withholdings not made must be paid by May 31 or in 5 monthly instalments, with the first instalment due in May. It has also been provided (ART. 68) a suspension of payments of the loads entrusted to the Revenue Agency – Collection contained in the payment folders, in the executive assessment notices of the Revenue Agency, Customs and INPS, injunctions of local authorities. In this case, payments due from 8 March to 31 May must be made, in one instalment, by 30 June 2020. For all those who have opted for the “scrapping-ter”
