ApprofondimentiCircolariMemorandum N. 45 July 1, 2025 Travel and representation expenses – Obligation to trace payments – New in DL 17.6.2025 No. 84

1 July 2025

1 PREMISE

Art. 1 co. 1 – 5 of DL 17.6.2025 no. 84, which came into force on 18.6.2025, made some changes to payment traceability obligations (introduced by Art. 1 co. 81 – 83 of L. 30.12.2024 no. 207, Budget Law 2025) for the deductibility, from business and self-employment income, as well as from the IRAP tax base, of expenses for food and lodging, travel and transportation, made by cab or rental with driver (NCC).

 

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