Tax reform, adjustments in sight. Draghi: no tax increase

The center-right meets the premier: there will be a technical study to find a compromise after the tensions over the new tax rules. The future of house taxes, rents and savings in government bonds are the moot points

Mario Draghi repeated it once again: taxes will not increase. But the center-right wants further reassurance and for this reason changes to the tax reform are being studied, one of the conditions for Italy to receive European aid from the Recovery Fund.

A compromise is sought

The tweaks, to be processed in the coming days, are intended to clarify what for Lega and Forza Italia are ambiguities that could lead in the future to a greater levy for those who have a home, for those who collect a rent and for those who have savings in government bonds. In the reform under discussion it was written that there must not be “an increase in the tax burden” but not all aspects are defined in detail.

Values ​​of the brick to be updated

As far as real estate is concerned, everything stems from the census which by 2026 has the aim of adjusting the values ​​of the brick to sale prices, today often below market values. Overall, Palazzo Chigi promised, not only will the overall amount of taxes not change (and therefore the state will get the same money as now) but there will be no changes for individual taxpayers either. Basically you will pay exactly as soon as possible. The fear of the center-right is that instead in this way it will be possible to quantify the taxes that weigh on the house to the new parameters, with the risk that a future government could increase the levy.

The Rents and Bots node

Another point of contention concerns who collects rents and who owns Treasury bills. The reform, which aims to lighten those who have an income from work or retirement, wants to simplify the levy on the earnings obtained with investments, arriving over time at a single level of tax (proportional and fixed). This threshold has not yet been decided but the center-right is afraid that in this way in the future they will skip some preferential taxes, such as that on those who rent an apartment, and who today can benefit from the flat rate coupon at 10 or 21%, or that on government bonds (at 12.5%), lower than for those who invest, for example, in shares.