The above-mentioned law allows the sportsmen to be taxed only on the 50% of their employee income for five years (instead the social security contribution must be calculated on the 100% of the income).
Bear in mind that, in Italy, considering the Law n.91/1981, are professional sportsmen the athletes, coaches, technical-sports directors and fitness coach that are registered to one of the below listed federations:
- Men’s Football: FIGC – Serie A, Serie B, Lega Pro;
- Men’s Basketball: FIP – Serie A, Serie B;
- Pro Cycling: FCI – for road and track races approved by the federation;
- Pro Golf: FIG.
In order to apply to this special tax regime, the professional sportsmen, as specified by the article 16, clause 5-quinquies of the Legislative Decree n. 147/2015, have to pay a contribution equal to 0,005% of the tax base. Until these days, the Italian Government has not already defined the methods and way of payment of the contribution. Taking into consideration that the clause 5-quinquies required that Government Decree, the Italian Revenue Agency, with the newsletter n.33/E/2020, clarified that as long as the Government Decree is not published, the professional sportsmen can not use the tax incentive.
Thanks to the specialized press, it seems that a Government Decree is going to be published in the Official Gazette. After that no issues there will be about the adoption of the tax incentive by the professional sportsmen, in full compliance with the Italian Law.
Therefore, the professional sports teams are going to increase their purchasing power, increasing the competitiveness of the Italian leagues after the pandemic time.
