Since 2012, corporate taxpayers in Italy have been able to request refunds of IRES (Italian corporate income tax) paid because the IRAP (local tax) was determined to be non-deductible. Italy has now released the form and timeline for submitting IRES refund claims in connection with IRAP non-deductibility. For taxpayers, the refund claims usually relate to years 2007 through 2011.
The refund claim starting date varies depending on the region in which the taxpayer is domiciled for tax purposes, but generally runs from January 18, 2013, to March 15, 2013. A refund claim should be accepted if the claim is submitted within 60 days of the starting date.