The majority parties are working, given the deadline of Friday 14 November, to complete the budget amendments. Only a small portion (and with guaranteed coverage) of those amendments will become reality. The most important deadline remains Tuesday 18 November with the screening of the reported amendments. The government has repeatedly clarified that the margin obtained was only a small one, absorbed by the aim of achieving closure of the infringement procedures one year in advance. Therefore the proposal must have a zero balance. Starting from abolition to increasing taxes on company dividends, there have been many requests from the majority
Link to work on enlarging folder deletion
The League aims to expand the elimination of quinquies provided for by the budget law (current rules provide for the exclusion of tax bills issued after assessment) to also include taxpayers who have received ongoing assessments, for example due to formal defects. A request, namely expanding the scope of tax write-offs, which “with the balance unchanged, keeps the budget in balance”, according to the deputy secretary of the Northern League in Mef Federico Freni it is “owned by the majority”.
Borghi (Relieved): we sell ESM shares, the value is 15 billion
But some of the amendments that have been announced by Northern League member Claudio Borghi, one of the whistleblowers of the maneuver, are destined to cause a stir. For example, «sell ESM and get 15 billion to lower taxes. We have ESM shares which the EU says are worth 15 billion. We don’t want to use it. We can sell it to other European countries.”
Stop increasing taxes on short-term rentals
In the APBN bill, the tax rate remains at 21% only for those who rent a unit directly, while the rate increases to 26% for rentals managed through intermediaries or portals. However, the move did not please Forza Italia, which has always opposed tax increases, but the League also aims to eliminate the act, which has a modest income of 100 million, which can be easily offset. Tax on short-term rentals «I’m sure we will cancel it or at least change it significantly. “If two of the three parties say they don’t agree, it’s difficult to pass,” said Borghi.
Flat tax on young people
Among the League’s proposals is also a flat tax of 5% for young people up to the age of 30 who work permanently and a three-year tax holiday for employer companies. The proposal states that incentives could be extended to age 36 if they involve the return of brains, so for young people returning to Italy from abroad.
