Tax deadlines redefined: new flat tax for the two-year agreement

Tax deadlines redefined new flat tax for the two year agreement

(Finance) – The Cabinet has definitively approved the corrective decree on tax deadlines and the two-year preventive agreement, as communicated by the Deputy Minister of‘Economy Maurizio Leo in a note.

Specifically, the decree provides for “a redefinition of the terms for submitting declarations, moving to October 31st there expiration for sending declarations relating to income taxes and IRAP”. Furthermore, for the two-year preventive agreement, “asubstitute tax (flat tax) on the agreed higher income, with rates varying from 10 to 15 percent in relation to the ISA score”.

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