3086772 - IRPEF deduction: Article 15 update - First of January 2020 Budget Law.

Management of the amendment of article 15 of the Consolidated Income Tax Law provided in the 2020 Budget Law (Legge di Bilancio 2020 (Legge n. 160/2019), Comma 629 dell’articolo 1 Detrazione IRPEF):

From 2020 the deductions related to some of the deductible expenses are reduced according to the following incomes intervals:

• Up to 120.000€ of total income, the deduction is unchanged.
• Between €120.000 and €240.000, the deduction is granted according to the index calculated using the following formula: (240,000-total income) / 120,000
• Above € 240,000 the deduction is zero.

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