IMU (Municipal Tax) payment, what is it?

The IMU,  Municipal Tax Propria , is the tax that is paid at the municipal level on the possession of real estate.

It is no longer due on the main residence.

Who has to pay the IMU?
The payment of the  IMU tax  is due by those who are in possession of the properties:

  • manufactured;
  • building areas;
  • agricultural land.

The IMU is mandatory for those who are:

  • owner of buildings, building areas and land;
  • owner of the real right of usufruct, use, housing, lease, surface;
  • spouse assignee of the marital home following legal separation, annulment, dissolution or termination of the civil effects of the marriage (but only in the case of a “luxury” home);
  • concessionaire in the case of concession of state-owned areas;
  • lessee for properties, including those to be built or under construction, which are leased.

How much do you have to pay for IMU?

PWS helps you with the calculation and payment of the tax.
An ordinary rate is applied to the cadastral income of properties other than the main residence (first revalued by 5% and then associated with the reference multiplier) which, as a result of the 2020 Budget Law,  rises from 7.6 to 8, 6 per thousand  and which can be operated by municipalities under certain conditions.

On the other hand, for non-exempt main homes (cadastral categories A / 1, A / 8 and A / 9) the ordinary rate rises from 4 to 5 per thousand , which can also be modulated by the Municipalities, which following a resolution of the council may increase it by 1 millesimal point or decrease it until zeroing.

On the other hand, the fixed deduction of 200 euros remains confirmed on non-exempt main homes.

When is the IMU paid?
The two IMU installments  expire:

  1. June 16 * (advance payment);
  2. December 16 (payment of the balance).

 

 

Requirements

 

The IMU is mandatory for those who are:

  • owner of buildings, building areas and land;
  • owner of the real right of usufruct, use, housing, lease, surface;
  • spouse assignee of the marital home following legal separation, annulment, dissolution or termination of the civil effects of the marriage (but only in the case of a “luxury” home);
  • concessionaire in the case of concession of state-owned areas;
  • lessee for properties, including those to be built or under construction, which are leased.

Who does not have to pay the IMU?

  • the owners of the main homes stacked in categories A / 2, A / 3, A / 4, A / 5, A / 6, A / 7 and related appurtenances. The only main homes for which the tax is still due are those registered in the so-called “luxury” categories: A / 1, A / 8 and A / 9.
    By main residence we mean the property “in which the owner habitually resides and resides in the registry office”.
    By appurtenances of the main residence, on the other hand, we mean exclusively those classified in the cadastral categories C / 2, C / 6 and C / 7, to the maximum extent of an appurtenant unit for each of the same categories. For example, in the case of two appliances stacked in C / 2, the exemption from the IMU is valid only for one.
  • for owners of the following types of properties:
    1. real estate units belonging to building cooperatives with undivided ownership, used as main residence and related appurtenances of the assignee members;
    2. social housing;
    3. the marital home assigned to the spouse following legal separation, annulment, dissolution or termination of the civil effects of the marriage;
    4. the only property owned, and not leased, by personnel on permanent service belonging to the Armed Forces and to the Military Police Forces and by that employed by the Civilian Police Forces, as well as by personnel of the National Corps of firefighters and personnel belonging to the prefectural career, for which the conditions of habitual residence and registered residence are not required;
    5. a single real estate unit owned by Italian citizens not resident in the territory of the State and registered in the Registry of Italians residing abroad (AIRE), already retired in their respective countries of residence, by way of ownership or usufruct in Italy, to provided that it is not leased or given on loan for use.

 

In fact, since 2016  agricultural  land located in the Municipalities listed in Circular no. 9 of the Ministry of Finance dated 14 June 1993. In addition, agricultural land is exempt:

  • owned and managed by direct farmers and professional agricultural entrepreneurs indicated in article 1 of legislative decree 99 of 2004, registered in the agricultural pension, regardless of their location;
  • located in the municipalities of the smaller islands indicated in attachment A of law 448 of 2001;
  • with an unchanging agro-forestry-pastoral destination with indivisible and inusucapable collective property.

 

 

 

IMU (Municipal Tax) payment: how to get it?

 

The IMU is paid through  Form F24  in two installments equal to 50% of the annual tax, or in a single installment equal to 100%.

At the end of the operation, the PWS operator will release the F24 already filled in with the amount to be paid. Obviously the tax will be related to the period of actual possession which lasted over the 12 months. In practice, if a property has only been owned for 10 months, the tax calculation will be calibrated over a period of 10 months instead of 12.