For several weeks now, companies and professionals have been waiting for this moment, especially in light of the enormous difficulties created by thesanitary emergency. However, this announcement of extension is likely to raise much controversy.
And this for at least two orders of reasons:
- a longer extension was expected, there was talk of at least September 30th;
- it seems that the extension will come with a Ad hoc DPCM, while in recent weeks there had been several discussions of a regulatory intervention to be implemented when converting the various emergency decrees.
- MEF release number 147 of 22 June 2020
- Official: the DPCM is being issued which extends the deadline for the payment of the 2019 balance and the first 2020 advance for income tax and VAT purposes, for taxpayers interested in applying the Synthetic Reliability Indices (ISA), including those participating in the flat-rate scheme.
Here is the text of the official press release:
“In order to take into account the impact of the COVID-19 emergency on the operations of smaller taxpayers and, consequently, on the operations of their intermediaries, the Prime Minister’s Decree is being issued which extends the payment deadline for the 2019 balance and the first 2020 advance for income tax and VAT purposes, for taxpayers affected by the application of the Synthetic Reliability Indices (ISA), including those belonging to the flat rate regime.
The payment deadline expiring on 30 June will be extended to 20 July, without payment of interest ”