- Italy’s new decree introduces fiscal reforms for the third sector, amateur sports, VAT, business crisis procedures, and digital platforms.
- Capital gains tax is suspended for third-sector asset transfers used for social purposes; VAT exemption for associative entities is postponed to 2036.
- The VAT flat-rate regime threshold is raised to EUR 85,000, with administrative simplifications and a reduced 5% VAT rate for social enterprises.
- The flat-rate tax regime for amateur sports is reshaped, with eligibility limited to non-third-sector entities and a EUR 400,000 revenue cap.
- The decree clarifies tax rules for businesses in crisis, confirming tax exemption for debt reductions under new restructuring procedures and streamlining VAT rules to align with EU law.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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