Inter would be the worst affected Serie A club by the possible annulment of the Growth Decree, forced to pay an extra €23.2m, with Juventus owing €21.37m and Milan €7.05m.
The Revenue Agency (the Italian version of the IRS or Inland Revenue) ruled this week that the tax loophole for businesses bringing in foreign talent at a 50 per cent discount on gross salaries was not applicable.
Inter would be the worst affected Serie A club by the possible annulment of the Growth Decree, forced to pay an extra €23.2m, with Juventus owing €21.37m and Milan €7.05m.
The Revenue Agency (the Italian version of the IRS or Inland Revenue) ruled this week that the tax loophole for businesses bringing in foreign talent at a 50 per cent discount on gross salaries was not applicable.
Considering this started in 2019 and is due to expire in February, there’s a race against time for the Government to patch up the gap with a new decree or see Serie A clubs face a massive tax bill in two months’ time.
Calciomercato.com calculated the various salaries agreed for talent coming in from abroad since 2019 and found that Inter would be the worst hit with a bill worth €23.32m.
A good €5.76m of that would be just for coach Antonio Conte, who was brought in from Chelsea for his €12m per year wages.
Romelu Lukaku, Christian Eriksen, Alexis Sanchez, Arturo Vidal, Achraf Hakimi and Arturo Vidal are the players whose salaries were given a 50 per cent tax cut.
Juventus aren’t far behind, as the decree would save them €21.37m from the wages of Matthijs de Ligt, Adrien Rabiot, Aaron Ramsey, Alvaro Morata, Arthur Melo, Danilo and Weston McKennie.
The other clubs are less on the hook, with Napoli at €8.62m, Roma €7.92m and Milan €7.05m.