Scrapping of tax bills, how it works and the effects: questions and answers – Corriere.it

Were other amnesties opened after the end of the Quater scrapping which closed on June 30th?
At the moment no new scrapping of the tax bills is foreseen but given the success of the last operation, it is not excluded that other measures will be adopted in the future.

How many taxpayers joined the Quater scrapping?
Memberships reached a total of three million and 827 thousand Italians, at least double the expectations of the government, whose membership estimates had been calculated on the previous versions of the amnesty whose numbers had been lower.

What amounts have been canceled with the provision?
According to initial calculations, the amnesty that has just been concluded could lead to the elimination of penalties and interest of up to 20 billion and will produce revenue much higher than the estimated 12.4 billion.

So have most of the pending matters with the tax authorities been eliminated?
No, because the tax credits entrusted to collection amount to one trillion euros, even if most of these are not considered recoverable. The receivables due amount to approximately 110 billion euros and this latest scrapping theoretically involved 60 billion.

What are the costs for the state?
The public accounts suffer a considerable effect in terms of lost revenue because it has been calculated that for every euro collected with the amnesty, the State waives 1.1 euro of collections from ordinary assessments.

Are there also long-term consequences?
Yes, because once taxpayers have adhered to a tax amnesty, omission behavior that leads to non-payment becomes more probable.

What does the experience of previous amnesties teach? Exactly this, that the percentage and the absolute number of adherents tends to decrease. And that revenue estimates can be subverted. From the first scrapping 17.7 billion should have come, but in the end the revenues amounted to only 8.3 billion. From the “ter” the receipts stopped at 8.6 billion against the expected 26 billion.

How much do the amnesty conditions affect the final revenue?
The weight of the adhesion conditions is decisive because the success of the “quater” scrapping can be explained by the more advantageous conditions compared to the previous operations. And as a result there was a record number of members and revenues that far exceeded forecasts.

When did the last amnesty date, which put an end to any dispute with the taxman?
The last grave tax amnesty dates back to 1982, at the time of the first Spadolini government, when the minister Rino Formica managed to collect the exceptional figure for the time of 11 trillion lire.