Law Decree Ristori – Rental tax credit and extended deadline for the submission of the 770 withholding tax model
The Law Decree Ristori updates the provisions on the tax credit relating to rents for non-residential buildings. This is also due to the operators for the months of October, November and December 2020. The tax credit related to the rental fee is equal to 60% of the monthly rental fee for buildings dedicated to the performance of industrial, commercial and other activities. For company lease, the measure is 30% of the rent.
Furthermore, the deadline for the submission of the 770 model, initially scheduled on November 2nd 2020, has been postponed to the next December 10th 2020.