Global Daily Tax News, Italy Releases Draft 2025 Income Tax Forms, (Feb 7, 2025)
The Italian tax authority has announced the release of draft income tax forms for 2025.
The agency has released the models covering income tax for individuals, partnerships, corporations, non-profit entities, and consolidated groups, and also the regional production tax (IRAP) return.
Several changes have been made to the personal income tax return to reflect changes to the income tax brackets, the new preferential regime for land and agricultural income for those engaged in agricultural activities, and changes regarding the taxation of short-term rentals. The form includes new fields for declarations regarding the "thirteenth bonus" as well as the preferential regime for repatriating Italian residents.
The personal tax return for flat-rate taxpayers has yet to be released.