Suspension of IRAP tax year 2024 for hospitality businesses

May 17, 2024

FORM FACILITATION

Tax relief

REGIONS

Sardinia

SECTOR

Hotel

ALLOWED EXPENSE

0 €

INCENTIVE STATUS

ACTIVE

OPENING DATE

CLOSING DATE

June 4, 2024
December 31, 2024

NOTES

No additional notes

Things

Concession in the form of IRAP tax suspension for the 2024 tax year for hospitality businesses, pursuant to article 12, paragraph 1, of regional law no. 17, 22 November 2021 “suspension of tax obligations”

Who is it aimed at?

The benefit is aimed at tourist accommodation companies that have been operating in Sardinia since at least 01.01.2014

What does it predict

Suspension of IRAP payment for the 2024 tax period and postponement to the year 2030 without application of interest. Companies must present a surety guarantee covering a period of 5 years for at least 50% of the amount corresponding to the IRAP due for the year 2024.

Objective – Purpose

Liquidity support

Form – Facilitation

Tax relief

Minimum Allowable Expenditure

0 €

Maximum Allowable Expenditure

300000 €

Allowed Costs

Overheads/other charges

Minimum concession that can be granted

0 €

Maximum grantable benefit

300000 €
Subject type
Business

Dimension

Large Enterprise, Medium Enterprise, Micro Enterprise, Small Enterprise

Activity sector

Hotel

ATECO

55.00; 55.10; 55.20; 55.30; 55.90;

Regions

Sardinia

Municipalities

--

Special territorial scope

--

Other features

--

Managing entity

Revenue Agency

Primary regulatory basis

REGIONAL LAW 22 NOVEMBER 2021, N. 17 Provisions of an institutional-financial nature and regarding economic and social development.
Secondary regulatory basis
--

Implementation measure

LR 17/2021 "Provisions of an institutional-financial nature and regarding economic and social development". Art. 12 "Suspension of tax obligations".

References Official Journal

35 of 05/09/2024

Incentive allocation

1000000 €

Reference site

https://www.agenziasardaentrate.it/istanzeonline/agevolazioni/article-12-legge-regionale-n-17-2022-sospensione-obblighi-fiscali/sospensione-irap-2024-consulta-i-documenti/

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