IlRELATE DECREE DECREE has allocated more than2,9 billions of euros. Non-commercial entities will also be able to access this measure, that present certain conditions, while those who only have theTax ID code. Here is thecalculation and the indications onprocedure to carry out. To support economic activities affected by the "Covid-19" emergency, here is the new measure of the Conte Government, Present in the relaunch decree. It is a measure that gives the opportunity to request a non -repayable contribution, as required by the formerart.25 of thelaw decree 34 of the 2020 (D.L. "Relaunch"), which in the coming weeks will be converted into law.
L’Revenue Agency, through theCircular 15/and of 13 June 2020 with the provision of the 10 June 2020 he explained how to take advantage of this contribution and made known to request a sum alodge. Dal 15 June are more than 890 thousand payment orders, which have been issued for a total amount 2,9 billions of euros. All the various sums have been credited directly to the current companies of companies, Traders and craftsmen. Al 4 July touched himself altitude 1.208.085 of instances ofLost a contribution requests by all interested parties present on the national territory. In the appropriate section dedicated to this support measurement, The Revenue Agency explains the methods of how to download and consult the complete and exhaustive operational guide.
Who are the subjects and what the conditions are to be able to take advantage of it?
The contribution can be requested by the subjects operating business and self -employment activities and agricultural income, VAT holders, With the exception of those provided for by art.25, c.2 of the "Relating" decree. To receive the contribution, the subjects must have started the activity before the May 1st 2020. The non -commercial bodies provided for in art.73 may also request the contribution, c.1, lett. c) of the D.P.R. 917 of the 1986 (so -calledTuir), which, however, carry out a commercial activity that is not exclusive or prevalent, including the bodies of theThird sector and civilly recognized religious bodies. Therefore, non -commercial entities in possession of the tax code cannot therefore be requested, do not carry out any commercial activities. The conditions for non -profit entities to access the contribution are the same as for companies, and that is:
- a volume of commercial revenues in the tax period prior to the one in progress 19 maggio 2020, date of entry into force of the "Relating" decree (then January 1st 2019-31 December 2019, For subjects whose tax period coincides with the calendar year) not more than 5 million euros;
- the amount of turnover and fees of the month of April 2020 It must be less than two thirds of the turnover of the turnover and the fees of the month of April 2019.
Circular 15/E of 13 June 2020 It also provides for specific clarifications on the methods of determining income, To determine the threshold referred to in the previous point 1), In addition to the calculation of the turnover and the fees referred to in the point 2). All entities that started the activity starting from 1 January 2019 and those with tax domicile or operational headquarters in the territory of municipalities that already paid in a state of emergency to 31 January 2020 (Flood seismic events or infrastructure collapses), they are entitled to the contribution even if the requirement relating to the drop in turnover is missing. In this case, The limit of the 5 million euros in the previous year. For all these subjects, In the event that the amount of the turnover and the correspondence of April 2019 was zero, However, the minimum contribution will be guaranteed, as required by art.25, c.6 of the "Relating" decree. This minimum contribution is equal to 2.000 euro for legal entities. The list of municipalities, It is contained in the table at the bottom of the instructions for compilation, foreseen in the appropriate section of the Revenue Agency website.
The methods of calculating the contribution to the lost fund
How the lost contribution is calculated which is due to the beneficiaries? To explain it is the paragraph 5 of art.25 of the "Relating" decree, from which the methods that must also be followed by non -profit entities that submit the requirements to request requests are deduced. The contribution due is calculated by applying a percentage to the difference between the amount of turnover and the fees of the month of April 2020 and the amount of turnover and fees of the month of April 2019. The percentage applicable is stability based on the volume of revenues relating to the period of the previous to the one in progress 19 maggio 2020, date of entry into force of the "Relating" decree (So the period will be January 1st 2019-31 December 2019, For subjects whose tax period coincides with the calendar year), According to this scheme:
- il 20 %, If the revenues or fees have been minor or equal to 400.000 euro;
- il 15 %, If the revenues were higher than 400.000 euros and minors or equal to 1.000.000 euro;
- il 10 % If the revenues were higher than 1.000.000 of euros and minors or equal to 5.000.000 euro.
To clarify what has been said, they report 3 examples, drawn up by Daniele Erler in the third sector article:
EXAMPLE 1
Association that in the year 2019 has achieved commercial revenues for an amount of 320.000 euro and that in April 2019 has accounted for revenues for 60.000 euro against 10.000 euro in April 2020. The contribution is equal to 20% of the difference of 50.000 euro, for an amount of 10.000 euro.
EXAMPLE 2
Association that in the year 2019 has achieved commercial revenues for an amount of 750.000 euro and that in April 2019 has achieved revenues for 120.000 euro against 30.000 of April 2020. The contribution is equal to 15% of the difference of 90.000 euro, for an amount of 13.500 euro.
EXAMPLE 3
Association that in the year 2019 has achieved commercial revenues for an amount of 2.000.000 of euros and that in April 2019 has achieved revenues for 300.000 euro against 60.000 of April 2020. The contribution is equal to 10% of the difference of 240.000 euro, for an amount of 24.000 euro.
The terms and methods for submitting the application
The terms and methods of submitting the application for the recognition of the contribution to the lost fund, are established and provided for the whole of the provision signed by the Director of the Revenue Agency of 10 June 2020. The application can be completed and sent to the Revenue Agency startingdal 15 June 2020 and no later than the 13 August 2020. In the event that the applicant, both an heir that continues the activity on behalf of the deceased subject, In this case, the requests can be sent from the25 June and no later than 24 August. The sending of the requests must take place in electronic methods, through the channels of the Revenue Agency or alternatively through the web service available in the reserved area of the "Invoices and fees" portal of the Revenue Agency website. The application that can also be sent through the help of an enabled intermediary (See C.A.F. or accountant).
Each application must be accompanied by these data:
- the tax code of the body that requires the contribution and its legal representative;
- the IBAN of the current account on which to credit the sum, in the name of or jointly listed on the person who requires the contribution;
- All the data necessary to determine the due and the amount of the contribution, among which the turnover and the fees of the months of April 2019 and April 2020.
- As previously mentioned, In the appropriate section of the Revenue Agency website it is still possible to find all the information and the forms relating to the presentation of the request for contribution.
Nature of the contribution of the lost fund and contribution to the training of income
As established in theCircular 15/and of 13 June 2020, The contribution in question is a contribution in the operating account. This is paid to integration for everyoneThe lack of revenues recorded by the taxpayer after the crisis caused by the spread of Covid-19. The contribution does not form the tax base for direct tax purposes, but above all it does not take on relevance in the determination of the tax base of the regional tax on added value (Irap). More, it does not affect the calculation of the expected taxable interests as established also by art. 61 Tuir, and on the deductibility of costs other than interest expense as established by the article 109, comma 5 Tuir.
