Italy Tax Agency Clarifies Use of Superbonus Credits for Offsetting Enrolled Debts

The Italian Revenue Agency May 27 issued Letter No. 110/2026, clarifying the use of superbonus tax credits to offset debts enrolled in the collection rolls, including social security liabilities. The taxpayer, a debtor to a professional social security fund with liabilities under a repayment plan, sought to use purchased superbonus tax credits to settle the debts. Upon review, the Tax Agency clarified that: 1) superbonus tax credits may be used in horizontal offsetting, including against social security liabilities, subject to conditions; 2) restrictions apply only to tax debts and don’t extend to social security debts, even if enrolled; 3) taxpayers ...