Complete guide to the dry coupon. Who can choose this optional tax regime? The conditions for the application of the substitute tax and for the exercise of the option. The dry coupon is an optional regime of taxation of rental income. It was introduced with Legislative Decree 23 of 2011 and consists of a substitute tax. There are two rates of this tax: 21% for free-rent contracts and 10% for those with an agreed fee.
The tax base on which to calculate the flat-rate tax is 100% of the rent. It replaces the IRPEF, the regional and municipal surcharges, the registration tax on annuities subsequent to the first and the stamp duty related to the termination or extension of the lease.
Table of contents
- Scope of application and exercise of the option
- Operating procedures for exercising the option
- Duration and termination of the effectiveness of the flat rate tax
- Communication to the tenant and remission in bones
- How and when do you pay the flat rate tax?
Scope of application and exercise of the option
The dry coupon is applicable to natural person tenants, regardless of the type of tenant, as long as they do not carry out business or self-employment activities. It applies to residential units (cadastral categories from A1 to A11, excluding buildings classified as A10) and related appurtenances. This optional taxation regime can also be exercised on contracts with a duration of less than 30 days. The right to opt for taxation with the dry coupon rests solely with the lessor who is a natural person. He must hold the property as property or be the holder of a real right of use over it.
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The option can be exercised by each co-owner of the rented housing unit, even separately.
Operating procedures for exercising the option
For new leases, the option can be made when the contract is first registered, using the RLI document. The form and instructions for the registration request can be found on the Revenue Agency website, on the following page. The lease agreement that contains the option for the dry coupon must be registered within 30 days from the date shown on it or, if earlier, from its effective date.
The exercise of the option for the contractual years subsequent to the first is always carried out with the registration (even voluntary) of the contract.
Duration and termination of the effectiveness of the flat-rate tax
The flat rate option is valid for the entire residual duration of the lease or its extension. It is possible to revoke the option. The lessor who intends to be included in the ordinary taxation regime must revoke the option before the deadline for the payment of the registration tax due for the annuity no longer subject to a flat rate tax.
The sale of the property leased under the dry coupon regime causes the same to cease. The loss of the effectiveness of the option, however, concerns only the personal income tax. In fact, for the registration and stamp duty, the flat-rate tax continues to apply but only until the end of the contractual annuity.
Communication to the tenant and remission in bones
The waiver of the right to request the Istat update of the rent is a necessary condition for the option to be effective. The landlord must communicate, by registered letter with return receipt, said waiver and the choice for the flat rate coupon to the tenant. This communication must be sent before exercising the option for the substitute tax. To remedy the failure or late communication to the tenant of the choice for the coupon dry, the tenant can carry out these obligations within the deadline for submitting the UNICO PF (remission in bonis).
It is also required, within the aforementioned deadline, the payment of 258 euros.
How and when do you pay the flat-rate tax?
The substitute tax envisaged for the dry coupon regime is paid with the F24 form. The deposit due is equal to 95% of the tax paid for the previous year and, if less than 257.52 euros, must be paid in a single solution by 30 November (tax code 1841). In the case of a deposit greater than or equal to the aforementioned amount, 40% must be paid by 30 June (with tax code 1840), together with the balance (tax code 1842), and the remainder by 30 November. If the tax counted is less than € 51.65, no payment is required. The substitute tax can be offset against credits from other taxes. Was this article helpful to you? Leave your comment I will be happy to answer any questions.