Table of contents
Fiscal representative for VAT purposes
The Ministry of Economy and Finance’s decree of December 9th 2024 defined the requirements for performing the functions of a tax representative.
The measure, published in the Official Gazette No. 297/2024, implements the recent provisions of Legislative Decree No. 13/2024, which introduces specific objective requirements for this role, as well as providing for adequate guarantees to be provided in the form of a security in government bonds, a bank guarantee or a surety policy.
The decree indicates the different values of the guarantee according to the number of subjects to be represented:
| Guarantee amount | Number of subjects represented by | a |
|---|---|---|
| Eur 30,000 | 2 | 9 |
| Eur 100,000 | 10 | 50 |
| Eur 300,000 | 51 | 100 |
| Eur 1,000,000 | 101 | 1.000 |
| Eur 2,000,000 | 1.000 |
Return of specialized workers: 2025 news
With Art. 5 of Legislative Decree No. 209 of December 27th 2023, in force since December 29th 2023, as part of the implementation of the tax reform on international taxation, new incentives were approved for the return of specialized workers and, in particular, for impatriated workers.
These incentives do not appear to have changed following the approval of the Budget Law 2025.
According to the new provision, which takes effect for taxpayers who transfer their tax residence to Italy as of January 1st 2024, only income from employment, income assimilated to employment and self-employment income is eligible for the tax incentives, while business income is excluded.
Fringe benefits: employee self-assessment
In order fo employees with dependent children to benefit from the non-taxability fringe benefits’ increased threshold (Eur 2,000), employees must sign a declaration confirming that they are entitled to such benefit – and in which the dependent children tax code is mentioned.
Fringe benefits: new ACI tables
In the O.S. no. 42 of the Official Gazette no. 304 of 30/12/2024, the national tables of kilometric costs for the operation of motor vehicles and motorbikes, prepared by Italian automobile club (ACI), were published. They are necessary to determine the compensation in kind (fringe benefit) for 2025 for employees, in the case of mixed use of company vehicles.
The tables take into account the changes introduced by the Budget 2025 (Law 207/2024).
For newly registered motor vehicles, motorbikes and mopeds granted for mixed use (with contracts entered into on or after January 1st 2025), 50% of the amount corresponding to a conventional mileage of 15,000 kilometres is assumed, calculated on the basis of the cost per kilometre of operation inferable from the national tables drawn up by ACI, net of any sums withheld from the employee.
The aforementioned percentage is reduced:
- to 10% for battery-powered vehicles with purely electric drive;
- to 20% for plug-in hybrid electric vehicles.
The ACI tables with the amounts valid for 2025 therefore identify, for all models, the fringe benefit amounts in separate columns according to the above percentages.
The tables are available on the ACI website (www.aci.gov.it).