Tax Pills

At the start the new fiscal age marked by the adoption of the synthetic indexes of reliability for almost 4 million companies and professionals
Goodbye to the “Studi di Settore” (SdS), an audit method that helped for years Italy’s Tax Administration to distinguish between “auditable” and “non auditable” firms, thanks to the utilization of complex economic and statistical elaborations. It is now time for a new entry on the fiscal scene, that of the innovative synthetic indexes of reliability that will replace soon the old SdS.
The adoption of the new SIRs step by step -  In details, the first step of the normative road followed by the synthetic indexes of reliability has coincided with the Italian Law n. 225 of December 1st 2016. This Law has introduced the new compliance tool, allowing a progressive replacement of SdS. Yet, this change to become effective has had to wait a second normative step, the approval of the last corrective financial maneuver, released last May. Now, the final step will coincide with the publication of an ad hoc procedural fiscal measure, also called Provvedimento, by the Revenue Agency, within next September.
A more effective tool to promote compliance in Italy – In perspective, the synthetic indexes of reliability will promote compliance of the most virtuous taxpayers and will enable a better fight against those non-virtuous behaviors that distort the rules of competition and markets, while improving economic efficiency and tax system’s neutrality in accordance with the recommendations of the main international Institutions, above all, OECD and IMF.
“Studi di Settore” and new synthetic indexes of reliability comparing, or the old and the new compliance model face to face - Whilst the previous SdS system was based upon an estimation of an “adequate” level of revenues and on the consequent possibility for the Italian Tax Administration to perform presumptive controls, the new system takes into account multiple elementary indicators, which regard not only the declared revenues, but also indicators of “reliability” and “anomaly” for a given economic activity. Most important, the new system allows the most reliable taxpayers to access a reward system, which implies several advantages such as shorter deadlines for controls, exclusion from some tax controls and faster procedures for VAT reimbursements. To be clearer, the new approach intends to replace “repression” in favor of a rewarding logic based on cooperation between the Tax Administration and the taxpayers.
The main innovations - The new methodology presents several innovations, with the goal of obtaining estimates that are increasingly precise with regard to the Italian economic context. First of all, the new synthetic tool takes into account the positioning of each taxpayer based upon a series of elementary reliability – on a 1:10 scale – and eventual anomaly – on a 1:5 scale – indexes. At the same time, the indexes of economic normality, formerly used to estimate revenues, they now become elementary indexes to calculate the level of reliability. As far as the estimates are concern, they will concern revenues, value added and income. A new methodology is also introduced for the clusters identification which will contemplates, in details, the reduction of number, a more stability over time and a more solid assignment of the taxpayers to the corresponding cluster. Questionnaires will be also simplify, through the reduction of the information requested. And finally, the estimation of revenues and value added per worker will be made through the utilization of a production function of the Cobb-Douglas type, in logarithmic form, which means a better economic interpretation of the estimated coefficients, elasticity, and results that are closer to the economic reality.
The aims of the new SIRs - In short, the SIR Project is aimed at allowing taxpayers to know their degree of reliability as determined by the Tax Administration. With the goal of reaching tax compliance, taxpayers can also improve or adjust their declaration. They also provide, in case of a high reliability level of the synthetic index, a diversified reward mechanism, in order to ensure a clearer and better relation between the taxpayers and the Tax Administration.

Italy’s pre-compiled tax returns add a new record 2 million taxpayers have already opted for the pre-populated “do it yourself” modality
Data released today by the Revenue Agency, in advance respect to the expiring date, showed a robust trend in the rise appeal of the pre-filled tax returns even for the 2017.  Or better said, the picture from the Agency's figures displays a real boom, well beyond the overall figure of the previous year. Indeed, there are still two weeks left for sending the 730 form, yet 2,1 million personal revenue declarations have been already transmitted autonomously by citizens, overcoming the past year final result. As a matter of fact, more and more taxpayers choose to manage the annual appointment with the tax office by themselves, also thanks to the new-entrance epitomized by the presence of all the health care expenses accurately reported in the pre-filled models set by the Revenue Agency.
The new pre-filled record in details - Particularly, according to data recorded by Sogei, the Agency’s technology partner, by July 10, approximately 2 million 730 forms and around 100 thousand PF Income models have already been transmitted by individual taxpayers. To these numbers, still incomplete and not definitive, it is possible to add over 381,000 fiscal declarations that have been saved and, therefore, ready to be sent definitely to the Revenue. However, for the presentation of the pre-compiled 730 form directly through the web application, the last useful day is July 24, while for the Pre-populated Incomes model there is time until October 2, 2017.
Zero tax checks for the 730 forms accepted autonomously and without change – Taxpayers who accepts and sends the pre-compiled 730 forms without changes or with adjustments that do not affect the determination of income or tax, will not be formally audited on the documents relating to the expenses itemized in the tax returns. The benefits on the fiscal assessment side are added to the those associated with the use of the 730 form, which allow taxpayers to get quick fiscal refunds within paychecks or monthly pension allowances.
The Revenue Agency’s “Fully Immersion” Assistance - Citizens who have not yet try their own pre-populated tax return and those who have not yet pressed "send" because of some doubt, they can all take advantage of the assistance channels of the Agency. Particularly, it is active from Monday to Friday, from 9.30 am to 1.30 pm, the social information desk through the Facebook Messenger channel, which provides support for application usage and responses to general issues. In addition, a dedicated website, accessible through, will be open to citizens in search of specific answers to their doubts and questions. On this internet-fiscal space, taxpayers will have the chance to find and select a long list of answers to frequently asked questions. Finally, are always available the following numbers, 848.800.444 from fixed network, 06 966.689.07 from mobile and +39 06 966.689.33 for those calling from abroad. All these numbers operate from Monday to Friday, from 9am to 5pm and Saturdays from 9am to 13pm.

FiscoOggi è una pubblicazione dell'Agenzia delle Entrate - Ufficio Comunicazione
Testata registrata al Tribunale di Roma il 19.9.2001 con n. 405/2001
Direttore responsabile Claudio Borgnino