The restart of governance common economic situation of the Eurozone is anything but painless for Italy. Not only and not so much for the widely expected procedure infringement For deficit excessive. As for the content of the recommendations specifications sent by European Commission in Rome, anything but mild despite the rumors about the desire to Ursula von der Leyen to bring back into play Giorgia Meloni in the nomination match. The communication approved as part of the so-called “spring package” in fact puts the implementation of the in its sights tax reformone of the government’s workhorses, because it risks fueling the escape. And he criticizes again theextension of the flat taxThat “it worsens horizontal equity and the efficiency of the tax system by reducing the redistributionfavoring specifics categories of taxpayers and discouraging the growth of businesses”, and the failure to update the land registry.
“The measures taken so far do not address the main ones challenges of the tax system”, is the first observation of the EU, “ei cuts in the tax wedge on labour, confirmed only until 2024 and financed through temporary provisions, are rather limited in scope.” While “several important measures on tax administration and simplification are implemented as part of the recovery and resilience plan, such as pre-compiled VAT returns”, other “recent measures risk producing negative effects on tax compliance“. Below is a list that includes almost all the decrees implementing the delegation: “The 5-year deadline for the collection of tax bills, the reduction of sanctions linked to tax and contribution evasion and the renewal of measures similar to pardons tax“. There is also room for agreed biennial budgetwhich is also proving to be very rigorous in its requests to potential tax evaders in this first phase: “It deserves careful attention monitoring also the effect on tax compliance of the system prior agreement between taxpayer and administration on tax obligations for small businesses”.
The details of the “planned rationalization of thevalue added tax“, continues the Commission, postponing the judgement, but it is known that “theupdating of cadastral valueslargely surpassed and divergent from market values, it was not foreseen in the law enabling tax reform”. Although it could be studied to achieve a rebalancing of taxation on houses in the sense of greater equity, benefiting property owners in the suburbs. Staying on the subject of obvious inequities, “significant ones are observed revenue losses in relation to public concessions, including beaches“. Which the government continues to mislead. “Delays in the implementation of transparent and competitive procurement procedures for such concessions, as well as their lack of profitability for public authorities, they remain a reason for worryparticularly given that the initial improvements made with the 2021 Annual Competition Law appear to be hampered by subsequent legislative interventions,” is the EU’s call.
The alternative recipe proposed by the EU is a reform of the tax system “plus structural and conducive to growth,” which “would require one shift neutral from the point of view of the budget of the tax burden from production factors to other sources less harmful to growth“. Translated: the properties. The final recommendation is to focus on reducing the tax wedge at work “also by reducing tax expenses and updating cadastral values, while ensuring equity and progressivity and supporting the green transition”.
