The Chamber definitively approved the Tax Decree with 132 votes in favor and 81 against. The measure, which had already received the government’s confidence, was therefore converted into law without changes compared to the version approved by the Senate.
Among the measures stand out the extension of the scrapping quinquies to the fines and taxes of Regions and local authorities (including IMU and TARI) and the revision of the calendar for adhering to the composition with creditors, as well as the suspension of the tax on small non-EU parcels until 30 June. Here is an overview of the content of the decree.
What does the Tax Decree converted into law provide?
When we talk about the Tax Decree we are referring to the conversion bill no. 38 of the decree of 27 March 2026, whose regulatory framework was in fact decided in the passage to Palazzo Madama. In fact, from the initial 19 articles we had moved on to the current 37, essentially to adapt the matter to two main urgencies: the tax obligations for citizens and businesses and the operations of public administrations.
In particular, Chapter I contains the fiscal core of the entire provision, from the hyper-depreciation to the time window for adhering to the biennial composition with creditors, from the contributions for Transition 5.0 to the dividends, passing through the facilitated definition. Up to a series of tax corrections on VAT, shipping and contributions.
Scrapping quinquies: also includes Imu, Tari and fines
As we anticipated when talking about scrapping quinquies, the facilitated definition is also extended to loads entrusted to the Revenue-Collection Agency by territorial bodies such as Municipalities and Regions. That is, they may also include:
- Imu
- Tari
- traffic fines
- school fees
- other local debts entrusted to collection
For traffic fines the discount will not concern the main fine, but interest and additional charges. The loads must have been entrusted to the collection agent between 1 January 2000 and 31 December 2023. Another important aspect is that participation will not be automatic: each local authority will have to decide whether to participate in the measure with its own resolution.
To verify eligibility you must refer to the assignment date indicated on the file. However, other types of debts are excluded, such as those deriving from assessment notices and recovery documents and local taxes, net of particular autonomous initiatives by Regions and local authorities.
The decree also introduces a corrective to reduce the risk of forfeiting the benefits of the amnesty. For some deadlines there is a five-day grace period on installment payments. The modification aims to prevent small delays from leading to the automatic loss of the advantages of the facilitated definition.
Biennial preventive agreement: more time to join
The decree then provides for a revision of the calendar of the biennial composition with creditors for VAT numbers. The deadline to join is extended from 30 September to 31 October, with a view to increasing participation in the two-year period 2026-2027. The text also includes mechanisms that provide for differentiated increases in tax proposals for taxpayers with lower levels of reliability.
In this regard, increase thresholds have been introduced for the VAT numbers most “at risk of evasion”: 30% for tax report cards with scores between 6 and 8 and 35% for those who have received a rating between 1 and 6. In essence, a discount on the taxes due is also provided for subjects considered less reliable.
PA payments, fewer constraints for professionals
The approved interventions also include changes to the rules on payments from the public administration to professionals. The government’s aim is to ease some verification mechanisms and speed up payment procedures, avoiding administrative blocks that had raised criticism from professional categories.
The tightening planned starting from 15 June will therefore be relaxed and the obligation to compensate with any debts registered and not paid will be triggered only if the bills not honored bear a total amount of at least 5,000 euros.
VAT, shipping and dividends: the other measures of the tax decree
The measure also contains several technical corrections. For example, the dividend exclusion regime is reintroduced (95% for companies) and the participation exemption (Pex), with effect from 1 January 2026. An exemption threshold from withholding tax for a total of 300 euros on prizes until 31 December 2026 was then set for amateur athletes. Among the other main innovations we mention:
- postponement to 1 July 2026 of the tax on small non-EU parcels;
- changes to the VAT regime on exchange transactions;
- return to the previous regime on dividends and participation exemption;
- tax breaks linked to Transition 5.0 investments.
