Always maintenance costs should be divided into ordinary and extraordinary. The difference is substantial, and the tax consequences are radically different.

There is talk of routine maintenance when the objective is to maintain the functionality of the property or as to restore its efficiency after a fault or damage of any kind; special maintenance, however, is intended to increase the value of the asset. For example referring to real property, paint the walls is routine maintenance, add a room is maintenance.

To qualify for income tax deduction on the cost of restructuring the taxpayers are required to observe a series of requirements

Notice of commencement of work: before work is necessary to send, by registered mail, the notice of commencement of works made on the appropriate model that can be collected in the territorial offices of the Agency or at the website www.agenziaentrate.gov.it.

Communication (for all Italian regions and autonomous provinces) must be sent to the following address: Pescara Operational Centre - Via Rio Esparto, 21-65129 Pescara.

National call - Innovations functional to the development of Renewable Energy Sources and Energy Saving in construction. The beneficiaries are companies in the ordinary account. Investment programs eligible for aid shall be related to the production units located in one of the following regions: Campania, Calabria, Puglia, Sicily.

ELIGIBLE INVESTMENTS

Programs where the total amount of eligible expenditure is not less than € 1,500,000 and not more than € 25 million:

Here, below, a specimen of invoice issued by a professional who, not being a member of their own pension fund pays contributions to segregated inps and applying the minimum taxpayers regime.

The items in brackets are to be indicated in the bill, but simply an explanatory function.

To facilitate the understanding of counting, we marked each entry in the table of the invoice with a capital letter.

The Energy Services Operator (ESO) spoke about the compatibility of incentives for renewable energy with tax benefits, excluding this possibility.

The opinion that the GSE is based on what has been said in this regard by the Ministry of Economic Development and that is that it is not possible to accumulate tax breaks, such as those provided by the Tremonti-ter, with incentives (green certificates and all inclusive rate) paid to the production of renewable energy for plants commissioned after 30 June 2009.

For each type of tax, is defined as "taxable income" the amount used to determine the amount of the tax. In VAT, an indication of the tax base is an element of vital importance within the minimum content of the bill, and is usually made from the selling price of the goods or honorarium for the service offered.

However, a transaction is taxable even when there is a contingent fee, for example, when an asset is used for internal consumption of the entrepreneur's personal or family, or when it is sold to third parties free of charge. The presence of the three requirements of VAT (subjective, objective and geographical) means that the operation is still being billed and subject to value added tax.

For both the transferor and the transferee, the invoice must be kept for tax purposes until 31 December of the fifth year following the year of the transaction, or the sixth year if the corresponding declaration IVAnon has been made or has been declared invalid.

If in the meantime have started verification activities by the Inland Revenue or the Guardia di Finanza, the invoice must be preserved until the conclusion of such operations, whether they finish later than the dates indicated.

It should be noted, moreover, that for all non-agricultural entrepreneurs and not "small" (as defined in art. 2083 of the Civil Code), invoices and other business records must be kept for ten years for statutory purposes, as their use as evidence in civil and bankruptcy.

It is the tax document by far the most important, so fundamental that for VAT purposes of income tax. Some documents are born as its simplified variants (the receipt, the receipt ...), for the preparation of other invoice data are indispensable elements (registers, statements ...).

Despite this, the manner of issuance and content of invoices are many common questions, and not infrequently happens to see blunders in their compilation.

It therefore seems useful guidance on the drafting of the bill, in order to clear up the doubts. Since the invoice described in the Consolidated Value Added Tax (DPR 633/1972), it seems necessary to offer some basic definitions.

Today I submit to your attention the important changes introduced by Decree Law 185/2008 on tax relief for taxpayers implementing measures for energy savings, the Government with the changes it back by eliminating the retroactive application of the new rules and extending, as from January 1, 2009, from 3 to 5 years period in which you can take advantage of the deduction of 55% of the costs for upgrading the energy efficiency of buildings.

Furthermore the amendments have eliminated spending limits and introduced the obligation to submit specific documentation to the Revenue.