1. 15. INCOMES FROM LAND AND REAL ESTATES

2. 15.1 DEFINITION
Income from land or buildings situated in the territory of the State which are or have to be registered, with independent annuity attribution, in the cadastre (art. 25 Income Tax Code).

3. 15.2 TERRITORIALITY Produce income from land properties
located in the State
Irrelevance of the residence of the subject
property owner
ERGO
Even for non-residents these incomes are considered
produced in Italy
as income properties held here

4. 15.3 The average ordinary income
Determineted
on the basys
of the
cadestrian
evidences
flat-rate system
based on rates
of valuation
Irrilevance
of the income
effectivly produced a
Average as is
calculated on an average
more years, taking into account
different production cycles
Relevance of the
average
ordinary income
Ordinary as
obtained from a farmer
medium capacity

5. Ltd., partnerships, cooperatives which have the status of farme
15.4 THE PASSIVE SUBJECTS
Individuals who have possession of the property by way of ownership or other real right
Ltd., partnerships, cooperatives which have the status of farme

6. 15.5 THE SINGLES TYPES OF INCOME FROM LAND AND REAL ESTATES
Redditi fondiari
Incomes
from land
Dominical
(Ownership)
land
income
(art. 27 TUIR)
Agricoltural income
(art. 32 TUIR)
Real estate income
(art. 36 TUIR)

7. 15.6 The agricoltural income
It expresses the ordinary average profitability retracting from the execution of agricultural activities on the bottom, through the use of capital and labor, within the limits of the ground potential (Art. 32 Income Tax Code)

8. 15.7 THE AGRICOLURAL ACTIVITIES
Agricoltural activities d
In the strict sense:
cultivation of
land, forestry (Art. 32 CO 2 letter. A) and breeding of animals with
feed obtainable for at least a quarter of the ground (Art. 32 CO 2 letter. B first part).
More: Crop production through
fixed structures or
furniture with a
area of the
production
not exceeding
twice that of the land on which the same stresses (Art. 32 Co. 2 lett. B second part).
For instrumentality:
3rd Co. art. .: 1235 commercial code aimed at handling,
transformation,
storage
marketing and development,
even if not carried out in the soil, of
products obtained
mainly from performing
of one or more activities
agricultural in the sense narrow (32 Art Co. 2 letter. C).