Model 770/2020 tax period 2019

By October 31, 2020, each withholding agent must electronically transmit the 770/2020 form relating to the 2019 tax year. This year, the date set for October 31 falls on a Saturday, so the extension applies to the next working day, which is November 2.

Among the main innovations of Form 770/2020, we find:

• The inclusion of a new line regarding the "Data relating to the non-resident intermediary in the ST framework", in cases where the non-resident intermediary has appointed a tax representative in Italy active as a withholding agent.

• The introduction of changes to the instructions of the SK framework to simplify the presentation of data in case of taxation of profits accrued in different years.

We kindly ask you to send us by Friday 25/09/2020:

• legible copies of the receipts of the F24 forms referring to 2019, including the receipts relating to the payments of January, February and March 2020;

• receipts for F24 forms concerning taxes related to the year 2019, which were subject to voluntary disclosure during the year;

• if applicable, the schedules completed by your accountant/tax advisor regarding: capital income, redemption, life insurance, prize winnings, atypical securities, and/or profits.

Finally, we invite you to report any changes that have occurred and relate to the Company (registered office, legal representative, extraordinary corporate transactions that have occurred or will occur before the date of submission of the declaration) in order to correctly complete the front page as well as the correct completion of the relevant sections; for those who have had relationships with self-employed recipients, we finally ask you to indicate whether you are proceeding with a single submission, or with a separate submission (in which case you need to indicate the tax code of the substitute who proceeds with the submission of the remaining part of the declaration).

Want to know more?

Subscribe to studiopiceci.it to continue reading these exclusive posts.

Subscribe now