The “Aiuti-Quater” decree, adopted by Italy’s Council of Ministers on 10 November to support companies and households amid rising inflation, significantly raises the upper limit for tax-free benefits in kind. This ceiling has been increased from €600 to €3,000, but only for the year 2022. Companies will therefore be able to offer new goods and services to their employees, including the reimbursement of gas or electricity bills, provided that the purchases or reimbursements occur before 12...
Italy: benefits in kind to be tax-free up to €3,000 in 2022
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