(Finance) – The Ministry of Economy and Finance announces that the data on the IRES declarations (Corporate Income Tax) and IRAP (Regional Tax on Productive Activities) relating totax year 2021 and presented during the years 2022 and 2023.
As regards theIRESin the 2021 tax year declarations from joint-stock companies were 1,321,476, growing compared to the previous year (+3.2%) and also to 2019 (+4.6%). A large part of joint-stock companies (91%) are made up of limited liability companies. 60% of the subjects declared a significant business income for tax purposes, 33% declared a loss and 7% closed the year at breakeven. The declared tax incomeequal to 216.7 billion euros, recorded a significant increase (+33% compared to 2020 and +17.7% compared to 2019). In 2021 the capital companies they declared a taxable amount of approximately 170 billion euros (+31.3% compared to 2020 and +14% compared to 2019) of which approximately 116 billion through the Income model and approximately 54 billion through the Consolidated. Companies that are subject to ordinary taxation they declare a net tax equal to approximately 27.6 billion euros (+30.9% compared to 2020 and +23.4% compared to 2019), while the corporate groups that have opted for the consolidated tax regime declare a net tax of approximately 12.9 billion euros (+ 32.1% compared to 2020 and -2% compared to 2019).
Regarding the Patent Box, beyond 1,300 companies have used the relief according to the “old” regime (introduced in 2015), for an amount of tax-free income and exempt capital gains equal to 2.7 billion euros (-12.4% compared to 2020 and -56% compared to 2019), while the new regime with greater deduction at 110% was used by 626 companiesfor an amount equal to 521 million eurosconcentrateer 45% in the manufacturing section.
In relation to theAid for Economic Growth – ACEthe joint-stock companies with ACE due are over 373,000 (+13.7% compared to 2020 and +14.4% compared to 2019), for a deduction amount due of 30.2 billion euros (+58.4% compared to 2020 and +64% compared to 2019). The previous surplus relating to the previous year, equal to 12.4 billion euros (+15.7% compared to 2020 and +13.9% compared to 2019), concerned over 110,000 companies, while the deduction amount not used in the year and carry forward to subsequent years is equal to 16.7 billion euros (+34.3% compared to 2020 and +48.1% compared to 2019).
Interest payable competence of the tax period amount to 34.1 billion euros (+13% compared to 2020 and +14.3% compared to 2019), while those relating to previous periods, and reportable as they were not previously deducted, amount to 37.9 billion euros (+1.2% compared to to 2020 and -1.5% compared to 2019). The portion of deductible interest (including that of previous periods) is equal to almost 30 billion euros (42% of total interest expense).
The tax credit for investments in tangible capital goods (ex super-depreciation) was declared by over 152,000 subjects for an accrued amount of 1.4 billion euros; the tax credit for investments in tangible capital goods 4.0 was declared by over 57,400 subjects for an accrued amount of 9.9 billion of Euro; the tax credit for investments in intangible assets 4.0 was declared by over 6,300 subjects for an accrued amount of 70 million euros and the tax credit for research and development, in ecological transition and in technological innovation (L. 160/2019) was declared by over 15,700 subjects for an amount of 1.3 billion euros; the tax credit for investments in new capital goods in the South shows a credit amount accrued in the 2021 tax year of approximately 1.7 billion euros.
The number of subjects who submitted the dIRAP declaration for the 2021 tax year it is equal to 3,333,952 (-0.6% compared to 2020 and -2.7% compared to 2019). The contraction affected mainly natural persons (-3.4% compared to 2020 and -7.7% compared to 2019) and partnerships (-2.8% compared to 2020 and -6.4% compared to 2019). The tax base overall it was equal to approximately 503 billion euros (+20.8% compared to 2020 and +7.5% compared to 2019). The tax declared for the year 2021 it was equal to 26.2 billion euros (+16.6% compared to 2020 and +5.8% compared to 2019).
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