The document to communicate the relevant data for tax purposes by institutions, associations and private clubs is available at “Agenzia delle Entrate”.
In essence, all Italian non profit organizations are required to send communication to provide evidence of the “qualifies under the tax legislation” that entitle tax breaks.If the tax authorities will verify the lack of requirements, the facilities will be less.
Purpose of the provision is to counter the misuse of the status of association, to avoid, namely, who is hiding behind this legal form as business.
Entities potentially interested in communication agency could be about 200 thousand.
From www.ilsole24ore.com