REOPENING OF DEADLINES FOR ADHERENCE TO THE BIENNIAL PREVENTIVE AGREEMENT 2024-2025
The Council of Ministers has approved the reopening of the deadlines for adherence to the Biennial Preventive Agreement (CPB) for the tax periods 2024 and 2025. Those who did not adhere by the original deadline of October 31, 2024, now have until December 12, 2024, to accept the Italian Revenue Agency’s proposal.
The extension will be formalized through a Decree-law, expected to be published in the Official Gazette shortly. Subsequently, the provisions will be included in an amendment to Decree-law 155/2024, currently under discussion in the Senate and set to be converted into law by December 18, 2024.
The Biennial Preventive Agreement offers VAT holders the opportunity to agree on the taxes to be paid for the 2024-2025 biennium, providing greater fiscal certainty and benefits, such as exemption from specific tax assessment activities.
This reopening of deadlines represents an opportunity for those who did not previously adhere, allowing them to access the favorable conditions of the CPB.
Our Firm is available to jointly assess the opportunity to adhere to the Biennial Preventive Agreement by the December 12, 2024, deadline. We are ready to analyze the fiscal implications and benefits of adherence in detail, supporting you in making the most appropriate decision based on your specific needs.
For any clarification or personalized analysis, please feel free to contact us.
