On 22nd February 2023 the Italian Revenue Agency issued a specific comment about the returned professional workers’ tax treatment, and reminded that:
- tax substitutes must charge a withholding tax of 50% or 10% of taxable income on the amounts and taxable values earned from the period of payment following receipt of the written request;
- the returned professional workers are required to communicate the option regarding the tax period in which they paid the 10 or 5 per cent of income from employment and self-employment obtained in Italy.
Furthermore, the Revenue Agency claimed that the non-payment of the amount due by the deadline of 30 June 2022 is not considered as missing formal fulfilment and cannot be regularized by adopting the “in bonis” remission.
For further information, please connect to the following link (only in Italian language):