The Budget Law for 2023 has provided for the possibility of facilitated settlement of “remedial notices” received from the Internal Revenue Service (ex Articles 36-bis Presidential Decree 600/1973 and 54-bis Presidential Decree 633/1972).
Specifically, there is a reduction in penalties from 10% to 3%.
The benefit is provided:
- for notices pertaining to tax years 2019, 2020 and 2021, for which the payment deadline has not yet expired as of January 1, 2023, or for notices that have not yet been received as of that date;
- for notices with ongoing installment payments, in this case without limitations with respect to specific tax years.
The Internal Revenue Service should not send any notice to the taxpayer to point out this opportunity, but it will have to be the taxpayer himself on his own initiative to arrange for the redetermination of the new amounts due in reduced amounts.
