Tax credits – costs related to training are deducted from the tax due.
- Name of the instrument - Local language
- Detrazione Irpef per spese di istruzione e formazione
- Name of the instrument - English translation
- Tax credits – costs related to training are deducted from the tax due.
- Scheme ID
- 252
- Country
- Italy
- Reporting year
- 2015
- Type of instrument
- Tax incentive for individuals
- Type of entry
- Single instrument
- Short description
The individual can ask for a tax credit (deduction from the tax due) of 50% of the amount of expenses related to courses and 75% of 50% of expenses related to travel accommodation and meals with his/her tax return.
- Short description of the related instruments
nap
- Level of operation
- National
- Name of a part of the country
- nap
- Name of the region (for regional instruments)
- nap
- Name of the sector (for sectoral instruments)
- nap
- Legal basis
Article 19, clause 1, letter e of the Presidential Decree n. 917 of 1986.
- Objective(s) and target(s)
The regulatory provision contained in the Presidential Decree 917/1986, Article 19 is on the determination of tax credits.
- Year of implementation
- 1986
- Operation/management
Ministry of economy / Agency of revenue for control and inspection
- Eligible group(s)
Individuals
- Group(s) with preferential treatment
None
- Education and training eligible
Higher education (ISCED11 4 and 5) and Academic level (ISCED11 6 and 7 and 8); CVET related to skill maintenance or improvement.
- Source of financing and collection mechanism
State (loss of tax revenue)
individual- Financing formula and allocation mechanisms
50% of the amount of expenses related to participation in conferences, seminars, updating courses can be deducted from the tax due. 75% of 50% of expenses related to travel costs, accommodation are considered tax credits.
- Eligible costs
Fees and other costs related to education and training
- Frequency of the use
Each year
- Volumes of funding
na
- Beneficiaries/take up
na
- Organisation responsible for monitoring/evaluation
Ministry of Economy.
- Monitoring/evaluation reports available
http://www.finanze.gov.it/export/download/entrate_tributarie_2014/Bolle…
- Most relevant webpage - in English
na
- Most relevant webpage - local language
na
- Sources
http://www.altalex.com/documents/codici-altalex/2014/12/10/tuir-testo-u…
- Short description
- Short description of the related instruments
- Level of operation
- Name of a part of the country
- Name of the region (for regional instruments)
- Name of the sector (for sectoral instruments)
- Legal basis
- Objective(s) and target(s)
- Year of implementation
- Operation/management
- Eligible group(s)
- Group(s) with preferential treatment
- Education and training eligible
- Source of financing and collection mechanism
- Financing formula and allocation mechanisms
- Eligible costs
- Frequency of the use
- Volumes of funding
- Beneficiaries/take up
- Organisation responsible for monitoring/evaluation
- Monitoring/evaluation reports available
- Most relevant webpage - in English
- Most relevant webpage - local language
- Sources