When is it possible to take advantage of the “first home” discount?
The speech by Corrado Sforza Fogliani , president of the Confedilizia Study Center, on the "first home" subsidy
Ownership of a home, already purchased with the "first home" subsidy, but subject to a seizure decree pursuant to art. 253 of the Code of Criminal Procedure and the declaration of inability to use by the competent Authority as "the hygienic, structural, plant and fire safety requirements are no longer valid, to an extent that jeopardizes public and private safety", does not prevent the application of the aforementioned benefit on a new purchase, in the presence of the other conditions required by law. This is what the Revenue Agency affirmed with the “Principle of law” no. 1 of 17.3.2022.
The Agency recalled in the document some of the conditions required by Note IIbis in art. 1 of the Tariff, part I, attached to Presidential Decree 131/86 to access the first home subsidy, which allows you to apply, to the deeds of transfer for consideration of "non-luxury" homes (other than A / 1, A / 8 o A / 9):
– the registration tax at 2% (and the mortgage and cadastral taxes in the fixed amount of 50 euros each) if the deed is subject to the proportional registration tax;
– 4% VAT (and mortgage and cadastral taxes in the fixed amount of 200 euros each) in the case of deeds "subject to VAT" (pursuant to art. 40 of Presidential Decree 131/86).
The financial administration, in particular, took the opportunity to remember that the facilitation can be applied on condition that: in the deed of purchase, the buyer declares that he is not the sole owner or in communion with the spouse of the rights of ownership, usufruct, use and residence of another house in the territory of the Municipality where the property to be purchased is located; in the deed of purchase, the buyer declares that he is not the owner, not even for shares, even under the legal communion regime throughout the national territory, of the rights of ownership, usufruct, use, dwelling and bare ownership over another house purchased by the same subject or by the spouse with the first home benefits.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/quando-e-possibile-usufruire-dellagevolazione-prima-casa/ on Sat, 15 Oct 2022 05:46:43 +0000.