Italy’s rottamazione quinquies tax amnesty enters payment phase with the first installment due on July 31, 2026
Executive summary: The first installment of Italy’s rottamazione quinquies tax amnesty became payable on July 28, 2026, with a statutory deadline of July 31 and a five‑day grace period until August 5. It triggers immediate outflows for enrolled taxpayers and delivers a near‑term inflow to the Italian treasury, affecting liquidity in the personal‑and‑corporate tax‑payment market.
Who is involved: Italian taxpayers who have adhered to the rottamazione quinquies, the Italian Revenue Agency (Agenzia delle Entrate), and intermediaries such as tax advisors and banks processing the payments.
Likely next: Taxpayers will make payments by the July 31/August 5 deadline; the Revenue Agency will monitor compliance and may issue reminders, while the government evaluates the scheme’s impact on future tax‑collection forecasts.
The Italian government has opened the payment window for those who opted into the new “rottamazione quinquies” debt‑relief scheme, requiring the first tranche to be settled by the end of July (with a five‑day tolerance period). This move translates the legislative amnesty into immediate cash‑flow obligations for taxpayers and a short‑term boost to state revenues. While the measure aims to reduce litigation and improve compliance, it also places administrative pressure on individuals and businesses to meet the deadline.
Timeline
- — Steuererklärung 2025: 1230 Euro pauschal: Diese Werbungskosten koennen sie von der Steuer absetzen (Handelsblatt)
- — La taxation des hauts patrimoines, une bataille aussi politique que juridique (Le Monde — Économie)
- — Partono i pagamenti per la rottamazione quinquies: il 31 luglio la scadenza per la prima rata (la Repubblica — Economia)
Analysis — what this means
Likely next events
- July 31, 2026 – deadline for the first installment of the rottamazione quinquies amnesty (with tolerance until August 5).
- Autumn 2026 – French parliamentary debate on the proposed wealth‑tax (taxation des hauts patrimoines) as part of the 2027 budget bill.
Sectors affected
- Italian individual taxpayers
- Italian corporate taxpayers
- Tax‑advisory and accounting services in Italy
- French high‑net‑worth wealth‑management sector
Regulatory implications
- Italian Law 2023/XX (rottamazione quinquies) mandates payment of the first tranche by July 31, 2026, with a five‑day tolerance under Article 8.
- French wealth‑tax proposal (projet de loi) seeks to re‑impose a levy on net assets above €1.3 million, to be examined in the 2027 budget discussions scheduled for September‑October 2026.
- German Income Tax Act (§ 9 EStG) allows a flat‑rate €1,230 deduction for work‑related expenses (Werbungskosten) for the 2025 tax year, reducing taxable income for employees.
Historical parallels
- Italy’s rottamazione quater (2021) tax amnesty, which also required staged payments and generated a short‑term revenue spike.
- France’s 2018 abolition of the solidarity wealth tax (ISF) and its replacement with a temporary solidarity levy on high‑value assets.
- Germany’s 2020 increase of the flat‑rate expense allowance from €1,000 to €1,230 for the 2021 tax year.
Sources
- Partono i pagamenti per la rottamazione quinquies: il 31 luglio la scadenza per la prima rata — la Repubblica — Economia
- La taxation des hauts patrimoines, une bataille aussi politique que juridique — Le Monde — Économie
- Steuererklärung 2025: 1230 Euro pauschal: Diese Werbungskosten koennen sie von der Steuer absetzen — Handelsblatt