Economic measures aimed at addressing the nationwide epidemiological emergency have been launched by the government. The decree in question aimed at implementing these measures is divided into 3 chapters containing within it both provisions concerning exclusively the so-called "red" areas and measures affecting the entire national territory. The most important interventions are listed below.
Chapter I - SUSPENSION AND EXTENSION OF TERMS.
The new tax assistance schedule introduced by Decree Law No. 124 in late 2019 is brought forward to Jan. 1, 2020. The main changes include:
The Single Certification
For 2020 only→ the deadline for the telematic transmission of the single certification (CU) to the Internal Revenue Service, as it was already scheduled for the delivery of the certification to the replaced parties, slips to March 31.
Effective January 1, 2021 → the new deadlines for delivery to substitute parties and transmission to the Internal Revenue Service are both scheduled for March 16.
This is without prejudice to the possibility of electronically transmitting certifications containing only exempt or non-declosable income through the pre-filed return by the October 31 deadline for submission of the withholding tax return.
Tax return (Form 730):
When fully operational from January 1, 2020 the new deadlines for filing tax returns (Form 730).
Therefore, holders of employment or assimilated income will be able to fulfill their tax return obligation by filing it:
(a) no later than September 30 of the year following the year to which the return relates, to its tax withholding agent, who intends to provide tax assistance;
(b) by Sept. 30 of the year following the year to which the declaration refers, to a CAF-employee, together with the documentation necessary to carry out the control operations."