1. 16. CAPITAL INCOMES

2. 16.1 DEFINITION Artt. 44 ss. TUIR
Category characterized by the absence of an exhaustive
definition able to connote the essential characters.
Possible definition
Incomes from the exploitation of
potential production potential of the capital according
To forms that do not result in the
consummation or the transformation of the source
Relations with the civil notion
of civil result (Art. 820 Co. 3 cc).

3. 16.2 THE 3 TYPES OF INCOME Capital incomes Interests and income of
funding
profits from
participation
by companies and entities
subject to IRES;
other income
arising from acts
of exploitation
and / or of asset and capital management.

4. Art. 44 c. 1 lett. a, b, g-bis, g-ter, h, T.U. 917/1986
16.4 Interests incomes
Art. 44 c. 1 lett. a, b, g-bis, g-ter, h, T.U. 917/1986
Interest income from loans, deposits and current accounts
Interest income from bonds, government bonds and similar
Income from repurchase agreements and swaps on securities and currencies
Income from mortgage backed security
Other interests and incomes from the investment of capital than those through which on can make positive or negative differences in the presence of an uncertain event. Art. 44 c. 1 letter. h.
This is a closing provision to encompass the incomes of any contract that shows a relationship with the capital provided to an extent determined and not random

5. 16.5 LI UTILI DA PARTECIPAZIONE IN SOCIETÀ ED ENTI SOGGETTI AD IRES
Art. 44 c1. lett. e TUIR.
Dividends and profits from the participation in the capital or assets of corporations, commercial and non-commercial entities if subject to IRES.

6. individuals not in a business form
16.5 The taxation of profits from investments in companies and entities subject to IRES
individuals not in a business form
Qualifying participations:
They bear to
of taxable income in
limit of 49.72% of their amount
Non qualifying participations .
the company who distributes dividends
applys a withholding tax of 20% as a tax on 'full amount.