A Halved Corporate Income Tax for Non-Profit Organization: is That a Thing of the Past?
Legal experts have long been discussing the halving of the corporate income tax for some categories of non-profit organizations, especially for the clergy, provided for by Art. 6, D.P.R. no. 601/1973.
At last, the Revenue Agency has replied to a taxpayer’s query, stating that a public body’s real estate incomes must be subject to the corporate income tax at the full rate (query no. 152/2018).
An article by our associate Dott. Gianni Mario Colombo, administrative and tax expert.
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