Tax measures planned for corporate welfare in the 2022 tax year – clarifications
- November 7, 2022
- Reading time: 4 min
News n.46/2022
With circular no. 35/E, the Revenue Agency provided clarification regarding the tax measures for corporate welfare provided by Legislative Decree no. 115 of August 9, 2022 (the so-called Aid Decree-bis).
Please note that this Decree provides that, for the 2022 tax period only, the value of goods sold and services provided to employees, as well as sums paid or reimbursed to them by their employer for the payment of domestic utilities for the integrated water service, electricity, and natural gas, do not contribute to the taxable income for personal income tax purposes up to a total limit of €600, derogating, for the year 2022 only, from the €258.23 limit set by Article 51, paragraph 3 of the TUIR.
Subjective scope
The workers who benefit from the provision in question are those receiving income from employment or income similar to that from employment, for which income is determined according to the provisions of Article 51 of the TUIR.
The Revenue Agency believes that the fringe benefits in question can also be paid by the employer on an ad personam basis .
Objective scope
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