New tax provisions for 2013: less deductions for company cars, plus deductions for children, digital tax credit, relief startup

From 1 January 2013 has opened up the agenda. Not that of Monti, but that of millions of Italian families, firms, workers, professionals, government offices can begin to write down what awaits them in 2013. News, some, already covered by existing legislation (such as the quarterly update of energy bills), but for the most part unpublished, many measures introduced by the outgoing government was able to produce little more than a year of activity: Decree "Save Italy", which has revolutionized the pension system, to the Stability Law 2013, which has "boarded" a flood of corrective measures and additional measures. Here are all the measures relating to the IRS.

More deductions for children

Since January 1, 2013 increase deductions for dependent children. You go from 800 to 950 Euros per child (including those born to de facto unions and recognized their adoptive or entrusted), from 900 to 1,220 Euros for children under three years. The deductions will be increased by 400 Euros (before the amount was 220 euro) in the case of handicapped children.

Stability Law, art. 1 c. 483

Tax credit Digital

Companies that develop telematics platforms for the distribution, sale and rental of digital intellectual property will be eligible for a tax credit of 25% of the costs incurred in the years 2013, 2014 and 2015.

DL 179/2012, Art. 11-bis

 

Close on company cars

Since tax year 2013, the cost of company cars for business (not agents) and professionals will be deducted at 20% and not more than 40%, unless it is covered by the system of minimum (discount 50% tax) . The close cover vehicles other than those open to public use (taxi) or used by companies renting, leasing or driving. For cars assigned to employees to mixed use for the majority of the tax period (more than 183 days a year), will be deductible in 2013 to 70% (no more than 90%) the expenditure and other negative components, no limit on the cost of the car.

L. stability, Art. 1 c. 501, l. 92/12, Art. 4, c. 73

 

Innovators supported

From tax year 2013 until 2015 Individual taxpayers can deduct IRPEF 19% (25% in case of start-ups in the energy) of the amount invested in the share capital of one or more innovative start-ups. The maximum investment deductible in any tax year, can not exceed 500 thousand euro and must be maintained for at least two years, on pain of forfeiture of the benefit (and the obligation to return the incentive received and legal interests). Discounts although investors are subject IRES: they can deduct 20% of the investments in innovative start-ups (27% if it is a social vocation).

Dl 179/12 art. 29, converted by Law 221/12

 

Restyling for bills

From 1 January into force on the transposition of Directive 2010/45/EU of the content of the invoice, simplified invoice and invoice address. The invoice must be present specific elements (such as the customer VAT number or tax identification number). Can make the bill "deferred" for the provision of services. Fewer complications for smaller amounts: green light for the simplified invoice to certify operations up to 100 euro and in case of amendment bill.

Stability Law, art. 1, paragraphs 325-335

 

VAT on the securities portfolio

From tomorrow will no longer be exempt from VAT the management of individual portfolios titles, but on related considerations will apply the VAT, as now happens for custodial services and administration. The taxability VAT will apply to transactions carried out from 1 January 2013. To avoid losing the VAT on purchases relating to the management of individual portfolios will be able to opt for the separate application of VAT. The taxability was decided following the judgment of the European Court of Justice of 19 July 2012 (Case C-44/11).

Stability Law, art. 1, paragraphs 520 and 521

 

Less discount on rentals

It thins the discounts granted to owners of rental properties. Since the 2013 tax period falls from 15% to 5% of the lump-sum deduction of income from leases. The provision is not concerned with those who rent the flat rate tax.

Law 92/2012, Art. 4, c. 74

 

Stamp duty on certified criminal

Since January 1, stamp duty on certified criminal. Introduces a specific exception to the exemption from tax in criminal cases and in those where you apply the unified

 

28/12/2012

­----------------------------------------

Translated via software

----------------------------------------

Source:

Italian version of CercaGeometra.it