Italy amateur sports tax regulation updates

Italy has introduced new fiscal regulations affecting amateur sports organizations and workers. Following recent sports reforms, the Agenzia delle Entrate issued Circular 7/E to clarify tax rules under Legislative Decree 36/2021.

Key provisions include a €15,000 annual tax-free threshold for compensation received by amateur sports workers, which applies regardless of contract type. For volunteers, lump-sum reimbursements for events are non-taxable up to €400 per month, though these reimbursements count toward the overall €15,000 threshold.

Further regulations under Decree 38 establish a specific tax exemption for amateur athletes on competition prizes, capped at €300 per year for 2026. This exemption excludes coaches and technical staff. Notably, if the €300 limit is exceeded, the entire annual amount becomes subject to retroactive taxation. Additionally, sports companies (SSDs) organized as cooperatives or capital companies must prohibit the indirect distribution of profits in their bylaws to maintain specific tax benefits.