Single Certification 2020 for Self-Employment, Commissions, and Other Income
- Studio Piceci
- Feb 10, 2020
- Reading time: 4 min
The Single Certification "CU 2020" has been approved, and consequently, for incomes/compensations paid in 2019, there is an obligation to prepare and transmit the certifications to the respective recipients by March 31, 2020.
OBLIGATED PARTIES
Those who, during 2019, paid sums and values subject to withholding tax, pursuant to Presidential Decree no. 600/1973, are required to send the electronic data flow, and specifically, with the CU model, the following must be certified:
the total amount of self-employment income, commissions, and miscellaneous income as per Articles 53 and 67, paragraph 1 of the "TUIR" (Consolidated Income Tax Act);
the total amount of commissions, however denominated, for services, including occasional ones, related to commission, agency, mediation, commercial representation, and business procurement relationships, paid in 2019, as well as commissions deriving from door-to-door sales as per Article 19 of Legislative Decree no. 114 of March 31, 1998, subject to withholding tax, to which the provisions contained in Article 25-bis of Presidential Decree no. 600 of September 29, 1973, became applicable;
the total amount of compensation paid in 2019 following third-party garnishment procedures as per Article 21, paragraph 15, of Law no. 449 of December 27, 1997; the total amount of sums paid following expropriation procedures as per Article 11 of Law no. 413 of December 30, 1991;
the total amount of fees paid in 2019 for services related to contract agreements to which the provisions contained in Article 25-ter of Presidential Decree no. 600 of September 29, 1973, became applicable;
the total amount of indemnities paid for the termination of agency relationships, for the cessation of notarial functions, and for the cessation of sports activities when the employment relationship is self-employment in nature (letters d), e), f), of Article 17, paragraph 1, of the TUIR);
the total amount of fees paid for rental agreements of residential properties lasting no more than 30 days (short-term rentals) as per Article 4 of Legislative Decree no. 50/2017.
Furthermore, the "CU 2020" model must indicate the compensations not subject to withholding tax, paid to those who have opted for:
the advantageous tax regime for youth entrepreneurship and workers in mobility, as stipulated by Article 27 of Decree-Law No. 98 of July 6, 2011;
the preferential schemes concerning new initiatives, as per Article 13 of Law No. 388 of December 23, 2000;
the "flat-rate minimum" tax regimes, as per Article 1 of Law 190/2014.
DEADLINES FOR SUBMITTING CERTIFICATIONS
A) Delivery to Recipients
Certifications intended for recipients must be prepared using the "summary" CU form and delivered in duplicate to them by March 31, 2020.
B) Submission to the Revenue Agency
The "ordinary" CU form must be submitted electronically to the Revenue Agency by March 9, 2020. However, the Revenue Agency has specified that the electronic submission of single certifications containing exclusively exempt income or income not declarable via a pre-filled tax return may occur by the deadline for submitting the tax withholding agent's declaration (Form 770), i.e., by November 2, 2020 (as October 31 falls on a Saturday). Those who will directly handle the submission of the Certificazione Unica 2020 can consult the instructions and the form available on the Revenue Agency's website in the section Businesses (or Professionals) → Declarations → Tax Withholding Agent Declarations → Certificazione Unica 2020.
Would you like to know more?
Subscribe to studiopiceci.it to continue reading these exclusive posts.