What is the Revenue communication model for?
The model allows you to certify that the tax credits, which can be used from 2025, have been purchased for an amount equal to or greater than 75% of the related deductions. This communication is necessary for avoid the obligation to divide the credits into six further annual installmentsas required by thearticle 121, paragraph 3-ter of the Relaunch Decree (Legislative Decree no. 34/2020).
Who should use the model?
The recipients of the provision are:
- banks and financial intermediaries registered in sector registers;
- banking group companies registered in the register referred to inarticle 64 of the Consolidated Banking Act;
- insurance companies authorized to operate in Italy.
The measure concerns exclusively the annual installments of the credits, identifiable through a unique code, which can be used starting from 2025.
Reference legislation
The regulatory framework was introduced by the Relaunch Decree, which provides for the division of credits purchased by qualified subjects into six annual installments of the same amount.
The measure does not apply to those who have purchased credits for a sum equal to or greater than 75% of the amount of the deductions provided that a communication is sent to the Agency in which they declare this circumstance.
The provision of 21 November 2024 defines i details of the communication model and the telematic methods for transmission.
Terms and methods of sending
The deadlines and methods for sending the communication vary based on the credit situation.
- For credit installments already accepted:
- mandatory communication between 3 and 31 December 2024;
- use of the web service within the “Credit Transfer Platform”, the electronic flow or Certified Electronic Mail (PEC).
- For installments not yet accepted or purchased after December 3, 2024:
- the communication must be sent at the time of acceptance of the transfer.
Consequences of failure to send
Failure to transmit communication automatically involves the division into six non-transferable annual instalmentswhich can only be used in compensation using the F24 model.
Stop on the platform from 1 to 7 January 2025
To allow the technical processing of the distributions, the Credit transfer platform will not be operational from 1st to 7th January 2025. Furthermore, until that date, credits relating to the years after 2024 cannot be used as compensation.
