Credit waiver, only two days for forgiveness in reward

Deadline set by the Revenue Agency for remission performance By IRPEF, IRES subjects and VAT number holders, from Late communication affiliate the available choices
Fromart. 121 and 119 affiliate Decree re-launch.

As expected before

Tax circular dated October 6, 2022, n. 33 / e Through which taxpayers will be able to communicate options for expenses incurred in 2021 or installments remaining for 2020 through November 30, 2022.

Late contact refers to the original deadlines corresponding to:

• April 29, 2022 to Special topics, a date already “extraordinary” with respect to the usual deadline of March 16, according to Art. 10 bis of Legislative Decree No. 4/2022 (Sostegni-Terre Decree);
• October 15, 2022for IRES Topics And because I VAT holders, according to Art. 29-Third of Legislative Decree No. 17/2022, transformed into Law n. 34/2022.

In order to be able to communicate the option chosen regarding the expenses incurred for the interventions carried out on the real estate units and the common parts of the buildings, it is necessary to use the approved form attached with the Provision Revenue Agency Director 3rd February 2022, Prut. number. 35873 “Communication of the option related to building heritage restoration, energy efficiency, seismic hazards, photovoltaic systems and charging stations.”

states that persons who claim, In the years 2020 to 2024 Expenses for interventions included in
Paragraph 2 of Article 121 From Legislative Decree No. 34/2020 (Restart Decree), and further, In the year 2025bear the costs Interventions referred to in Article 119 From the same decree, he can choose as an alternative to the deduction due:

• a) to contribute, in the form of Discount on the amount dueup to a maximum equal to the consideration itself, offered by the suppliers who carried out the interventions and recovered by the latter in the form of a tax credit, for an amount equal to the deduction due;
• but Waiver of a tax credit From the same amount to other entities, including credit institutions and other financial intermediaries, without the option of subsequent transfer.

As specified in the provision, the option:

• can practice Regarding each case of business progress;
• For the interventions referred to in Article 119 of the Relaunch Decree (superbonus), business progress
  They cannot be more than two For each overall intervention and each case of progress, you must indicate at least 30 percent of the intervention;
• can practice Also for the remaining installments Deductions indicating expenses incurred in the years 2020, 2021, 2022, 2023, 2024, and 2025 are not used if a credit waiver is used.

Finally, we remind you that November 30 is the deadline for sending new connections to replace them
incorrect connections. In fact, the last day is December 5, 2022, the fifth day of the month following the deadline: after this date, there is no possibility to fix it because the channel will be closed.