Test yourself Question 1 of 5 Question 1 of 5
Why does a director's fee reduce the company's corporate tax while a dividend does not?
Because a fee is always smaller than a dividend Because a fee is a deductible cost, whereas a dividend hands out profit already taxed Because dividends are exempt from corporate tax Because a fee is taxed only by INPS
Question 2 of 5 Question 2 of 5
An SRL whose year matches the calendar approves a fee in December 2026 and pays it in February 2027. In which year does it deduct it?
In 2026, the year of the resolution In 2027, the year of payment Half in each year Never, because it was paid late
Question 3 of 5 Question 3 of 5
An accountant sits on a client company's board as part of his practice. How is his fee classified?
Income treated like employment income Self-employment income Investment income Miscellaneous income
Question 4 of 5 Question 4 of 5
A resident individual partner receives 10,000 euros of gross dividends from the SRL, unrelated to any business of his. How much does he receive, and must he declare it for IRPEF?
10,000 euros, to be declared 7,400 euros, with no further IRPEF 7,400 euros, then an IRPEF balance 7,600 euros, with no further IRPEF
Question 5 of 5 Question 5 of 5
An SRL has current-year profit and a reserve built from capital contributions. The meeting resolves to pay out the reserve. What is deemed distributed for tax purposes?
The capital reserve, as resolved The year's profit and profit reserves first Half profit and half reserve Nothing until the next accounts are approved
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