Professional activities developed through a society
This issue is clarified and the revenues coming from the society to its members dedicated to professional activities will be considered economic revenues and not wages or salaries. The related consequence to this change is that these revenues could be subjected to VAT. Enforced by January the 1st
Modules. Objective estimation
The scope of tax payers entitle to pay their taxes on “modules” or objective estimation gets very restricted. There will be excluded from “modules” those entrepreneurs with a turnover over 150.000€ whether they have obligation to issue invoice or not. And this limit comes down to 75.000€ if the clients of the entrepreneurs are as well entrepreneurs or companies. Before the reform the threshold was in 450.000 € and sales made to private people, where there wasn ́t obligation to issue invoice, weren ́t considered.
Agriculture activities see the threshold to be excluded from “modules” from 300.000 € to 250.000 € of sales and only are to be taken in consideration those operations that must be register in the book of sales.
The threshold for purchases descend from 300.000€ to 150.000€.
Entrepreneurs dedicated to the transport of goods or entrepreneurs obliged to suffer retention of 1% on their invoices don ́t have any more a specific threshold to be excluded from “modules”. It is the one described above.
The decree that will rule the “modules” for 2016 will exclude no matter threshold of sales or purchases to entrepreneurs dedicated to the following activities.
Transformer Industries of Metals,
Precision Mechanics
Other Manufacturing Industries
Building and construction.
In cases these activities were subjected to the retention of 1%
Enforced by January the 1st of 2016.