Tax allowance (deduction from the gross income to arrive at the taxable income) for costs related to participation in conference, seminars, updating courses for freelance workers.
- Name of the instrument - Local language
- Agevolazioni fiscali per l’aggiornamento dei liberi professionisti
- Name of the instrument - English translation
- Tax allowance (deduction from the gross income to arrive at the taxable income) for costs related to participation in conference, seminars, updating courses for freelance workers.
- Scheme ID
- 253
- Country
- Italy
- Reporting year
- 2015
- Type of instrument
- Tax incentive for individuals
- Type of entry
- Single instrument
- Short description
Freelancers can ask for a deduction (from the gross income) of 50% of the amount of expenses related to participation in conferences, seminars, updating courses, up to 1% of the earnings for each fiscal year.
- 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
Art. 54, clause 5, DPR n. 917 of 1986.
- Objective(s) and target(s)
The regulatory provision is contained in the Presidential Decree 917/1986 – on Income Tax Article 54 on the determination of self-employment income.
The reason for introducing the tax allowance was to promote updating activities for self-employed workers.
- Year of implementation
- 1986
- Operation/management
The state/ Agency of Revenue for control and inspection
- Eligible group(s)
Freelancers
- Group(s) with preferential treatment
None
- Education and training eligible
Seminars, conferences, training activities for professional updating
- Source of financing and collection mechanism
State (loss of tax revenue)
individual- Financing formula and allocation mechanisms
50% of expenses related to participation in conferences, seminars, updating courses can be deducted from the gross income to arrive at the taxable income, including those related to travel costs, accommodation up to 1% of the earnings.
- Eligible costs
Fees and other costs related to dication 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
http://www.altalex.com/documents/codici-altalex/2014/12/10/tuir-testo-u…
- 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