Tuesday, January 3, 2017

Capital hidden, part of the voluntary-bis – Il Sole 24 Ore

the publication of The new model of “access to the procedure of voluntary cooperation” – yesterday afternoon on the website of the Revenue – launches the second campaign of the return/emergence of capital after the 2015 – went to the store with $ 60 billion of emergence and 4 of the tax collections. However, this first stage of the Vd 2.0 is considered as a sort of break-in, both for technical problems (the new model still cannot be sent, there is no dedicated channel), because of the few but substantial novelties of the new version of the Vd are still looking for a trim "reassuring" to the candidates the contributors and to those who assist them.



With the self-assessment get a discount on penalties

The real difference compared to the old version is in the possibility of autoliquidare the taxes due, that is, to directly calculate by itself due to the tax authorities, penalties and additional taxes (if any) included. However, the step is delicate, because the maximum of good will doesn’t put nothing to secure the taxpayer, which is likely still to be in the future an adjustment for work of the same Agency, obviously, with sanctions of up to 3% on the share capital. Event, this, anything but remote, given that the (large) assets expected to the gate of the Vd 2.0 are the result of ingegnerizzazioni very complex both from the "read" is then "dissolve" in the fiscal packages.



useful information, but the calculation error is around the corner

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Another problematic aspect – and that among other things should be qualifying in the new campaign of voluntary cooperation – is the emergence of the "black" national miserably failed the last time (less than 4% of the total of 60 billion in 2015). Here the new model provides for the “declaration on the origin of the cash or of the values l-bearer,” with which, in substance, the applicant (and the caregiver) ensures the origin of tax, and only tax, tesoretti from the safe or from the tile hidden in the house. The risk of dry (i.e. recycling) in this area is so high that the new law on Vd (the 225/2016) provides for a new independent crime with sentences of from 18 months to six years (exactly the same as for the false Vd in the version last) to add to the one of the crimes underlying eventually discovered. Not only that the candidate "emerging" will also have to arrange for the opening of the safe deposit box (or hiding) in the presence of the notary , and arrange, then a dedicated account to secure the debt tax. Debt that, according to the law, is calculated by smearing on the last five declarations, all that emerged, bringing very high, to claim the tax regularisation (multiple, compared to 7% on average between fees, interest and penalties of the first Td). All aspects, these, that, once again, threaten to abort the attempt to restore the legal economy as subtracted in the years to taxes.



Voluntary 2.0, here is the Revenue model for the self-assessment of the tax

According to the estimates always prudent and due to lack of the Bank of Italy, at the end of 2013 – and that is before the Vd 1.0 – lay abroad at least 230 billion euros (but only in the accounts, investments, stock/bond, etc, then with a wide area that is still grey). Considering the 59 billion re-emerged in the meantime from abroad, the potential booty for the exchequer remains very consistent, but it is said to be easily "reachable", at least until the advent, in the year 2018, the exchange of information at that time almost entirely globalized. Sure that it stayed "off" after 2015 is part of the heritage huge, that were built with remarkable dedication from professionals, often in countries and jurisdictions different from that allowed rebounds in as many paradises. Break these delicate diaphragms is the challenge, very difficult, the new Vd version 2017.

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