Insurance companies operating in Italy are required to pay an advance contribution on premiums for motor third-party liability (RC auto) and watercraft insurance by 16 November each year, as mandated by the 2025 Budget Law. The Revenue Agency has published the specific tax codes to be used on the F24 Accise form for this payment. The contribution funds the Road Victims Guarantee Fund and similar schemes. Timely and correct coding is essential to avoid penalties and interest.
Key Takeaways
- Annual Deadline: Advance payment due by 16 November for the current year.
- Dedicated Form: Payment must be made via F24 Accise, not the ordinary F24.
- Code Specificity: Separate codes exist for motor and watercraft premiums; using the wrong code may cause allocation errors.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement