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Resetting of tax records: who will not have to pay

The Treasury Decree will have to officially confirm it but the cancellation of many tax files will be carried out. We discover that it is the lucky ones who will not have to pay.

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The wait was longer than expected but, by now, everything seems decided. The tax authorities will cancel the folders of less than 5 thousand euros of the period between 2000 and 2010. Initially the range should have been greater and go up to 2015 but various considerations have led to a different decision. In particular, costs related to the operation led to the mini-amnesty given that canceling 15 years of debt would have meant an expense of two billion euros. By opting for the years between 2000 and 2010, however, fiscal peace is lighter.

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What will happen soon

A small step is still missing for the official nature of the provision. Let’s talk about a decree of the Treasury that can trigger the deletion of folders. It is thought that this decree could arrive in the next few hours, thus allowing the zeroing of 16 million tax files.

The excerpt has very specific recipients. In fact, it is not granted to the richest users but only to subjects who will fall within a specific income limit, 30 thousand euros for the year 2019. In any case, these are millions of taxpayers.

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Which folders will be cleared?

Tax debt
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The Revenue Agency may cancel the debts of less than 5 thousand euros and the debts falling within the scrapping plans-ter and the balance and excerpt. Consequently, those folders that have been notified after 31 December 2010 will be canceled provided that the assignment to the Collection Agency is prior to the date in question.

The debts relating to the traditional own resources of the European Union and the value added tax collected for imports are excluded from the cancellation. In addition, debts relating to the recovery of defined state aid are excluded as illegitimate, the fines, fines and pecuniary sanctions related to convictions and sentences.

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Cancellation policy

The Decree will indicate in detail the procedures for canceling the tax records as well as the reset dates of debts of less than 5 thousand euros for the years between 2000 and 2010. At that point, the Revenue Agency with the Collection office will work to identify all the files that have the requisites to be canceled. The excerpt, then, it will happen automatically without any request to be made by the taxpayer.

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