How it is applied the tax stamp duty on postal savings bonds? Before answering, we remind you that bfp are investment products that are very popular with Italians because they have no subscription and redemption costs. However, an exception is made for charges of a fiscal nature. They are also appreciated because you can request the repayment of the capital invested at any time. The accrued interest is instead received after a certain period depending on the security that will be chosen. Finally, taxation on them is facilitated at 12.50%.
Postal savings bonds: how stamp duty is applied
L’stamp duty for i postal savings bonds issued before January 1, 2009, it is calculated on the nominal value of the individual bfp. It applies from 2012 and is exactly 0.10% for 2012, 0.15% for 2013 and 0.20% starting from 2014. The proportional tax is applied to the nominal value of the single security at 31 December of each year and this from the year 2012. It then applies when the repayment of the interest-bearing voucher is requested. In any case, there is a minimum contribution to be made of 2 euros for each individual title.
As regards paper vouchers issued before January 1, 2009, they cannot be combined with other financial products. We are talking, for example, of securities deposits, mutual funds or term deposits.
Characteristic of the stamp duty on paper certificates issued after 2009
L’stamp duty on paper postal savings bonds issued after 2009 by Poste Italiane and on dematerialized securities, it is calculated on the nominal value of all securities that have the same title. However, this only occurs if their effective reimbursement value (net of tax charges) is higher than 5,000 euros.
As already mentioned above, it has been applied since 2012 in the proportional measure of 0.10%, in 2013 by 0.15% up to 0.20% starting from 2014.
It is calculated as of December 31st but only if the bonds with the same heading exceed a worth of 5 thousand euros. If on December 31st the reimbursement value of the assets is lower than 5 thousand euros for that year, the tax will not be due.
Finally, it should be remembered that if the securities are not registered in the name of individuals, the maximum tax will be equal to 14 thousand euros from 2014 and 4,500 euros in 2013.
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