DLP Insights

On July 26, 2012 a Decree of the Council of Ministers’ President which postpones the deadline for the presentation of the form 770 from 31 July to 20 September 2012 has been signed, but not yet published in the Official Gazette.

On July 19, 2012 INPS, with message No. 12125/2012, stated the instructions and the codes necessary for the enjoyment of the social security contribution reduction due to both companies (25%) and employees (100%) on the production bonuses paid in 2012.

The Government and the parliamentary majority which supports it have reached an agreement on some modifications to the reform of labor market to be included in the so called “Decreto Sviluppo”.

INPS, with message No. 11019/2012, stated that the renewal agreements have not to be registered at the Labor Local Direction (so called “DTL”) for the recognition of the social security contribution reduction applicable on the amounts provided for by the second level contracts.

Law no. 92/2012, containing “Provisions on the labor market reform in a development perspective”, has been issued on the Ordinary Supplement no. 136 to the Official Gazette of July 3, 2012.