Tax Measures Planned for Corporate Welfare in the 2022 Tax Year – Clarifications
News No. 46/2022
In Circular No. 35/E, the Italian Revenue Agency provided clarifications regarding the tax measures for corporate welfare provided for in Decree-Law No. 115 of August 9, 2022 (the so-called “Aiuti-bis” Decree).
We remind you that this Decree provides that, for the 2022 tax year only, the value of goods provided and services rendered to an employee, as well as the amounts paid or reimbursed to the employee by the employer for the payment of household utility bills for water, electricity, and natural gas, shall not be included in taxable income for personal income tax purposes, up to a total limit of 600 euros, thereby derogating—solely for the year 2022—from the 258.23-euro limit provided for in Article 51, paragraph 3, of the TUIR.
Subjective Scope
The workers eligible under this provision are those who receive income from employment and income treated as equivalent to employment income, for whom the income is determined in accordance with the provisions of Article 51 of the TUIR.
The Italian Revenue Agency considers that fringe benefits in question may be paid by the employer even on an individual basis.
Scope of Application
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