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Italy To Deploy Collected Data To Simplify Individual Tax Filing

by Ulrika Lomas, Tax-News.com, Brussels

23 June 2014


After the Cabinet meeting on June 20, in which a draft tax simplification law decree was approved, Italy's Minister of Constitutional Reforms and Relations Maria, Elena Boschi, disclosed that, from 2015, tax returns will be pre-compiled for 30 million Italian taxpayers.

Under the pilot, 2015 tax forms pre-compiled by the Revenue Agency will be available for all employees and pensioners. The Agency will utilize the information that is already available to it from its tax database (for example, previous year declarations and payments made), information provided by third parties (such as banks, insurance companies, and pension funds), and the forms completed by employers containing the details of employees' wages and salaries.

From 2016, pre-compiled tax returns will also contain details of the purchases of medicine and other health services, which will be provided by the public health billing system.

By April 15 each year, a pre-compiled form will be made available to the taxpayer over the internet. The taxpayer will then be able to accept the information automatically included in the return, or make modifications. Instead of using the pre-compiled form, the taxpayer will also have the opportunity to input all the necessary data without assistance.

If taxpayers accept the pre-compiled data, their tax declarations will become final and not subject to further audit by the Agency. Tax refunds that have automatically been assessed will also be paid without further examination.

"There will be the possibility to make corrections," said Boschi, "but, if the information is considered correct, taxpayers can sleep without nightmares because accepting all the data provided by the Agency will signify that further verification or controls will be excluded. Simplification will make life easier for employees and pensioners."

The tax simplification decree is being issued within the framework of the Legge Delega, which was approved in March this year and sets out general reform principles that are to be implemented within one year through a series of law decrees from the Government.

The decrees do not require further parliamentary approval. They merely need to be examined by a parliamentary commission, which has only a consultative role, and the Government will then having the final power to approve them in a subsequent Cabinet meeting.

TAGS: individuals | compliance | tax | tax compliance | public health | law | employees | retirement | internet | Italy | tax breaks | individual income tax | services | Tax

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