Lower “the effective average rate” Irpef “to taxpayers in the 28 thousand-55 thousand income bracket” and change the “dynamics of the effective marginal rates, eliminating the most abrupt discontinuities”. And then: for micro-enterprises, professionals, self-employed workers, a more ‘friendly’ flat-rate regime which, in the event of overruns beyond the current threshold of 65 thousand euros, provides for the possibility of a two-year optional regime as well as fewer controls by the ‘Revenue Agency. New ways of paying the balance and the advance of direct taxes for self-employment. But also the unification of the categories ‘income from capital’ and ‘other income’ in a single category called ‘financial income’, at the same time providing for the appropriate safeguards to avoid evasion through the instrumental realization of capital losses and the application of the supplementary pension model that provides for the exemption from substitute tax on the accrued net income. Mechanisms of “reward” able to accompany families and businesses in the process of ecological transition “. The need for a reform that leads to the overcoming of IRAP.
The Finance Committees of the Chamber and Senate approved the final document on the fact-finding investigation on the IRPEF reform and other aspects of the tax system. The final document will serve as a political guideline for the Government for the preparation of the enabling law on the tax reform that the executive announced by 31 July. Fdi voted against and Leu’s abstention was recorded.
In the final text the explicit ‘no’ to the patrimonial, entered and then succeeded, has no longer found space, and the request for reorganization of cadastral values has been skipped at the last minute.
While the request to intervene on tax expenditures in the direction of a “reduction in their number” and a “simplification of the system” is confirmed.
The solicitation to cancel the microtaxes remained in the final document: from the super stamp to the graduation tax, from the increase in the municipal tax on waste, to the regional surcharge on fees for public water users.
Returning to the guidelines of the Irpef tax re-design, the commissions agree that “the way to achieve these objectives is to be identified in a decisive simplification intervention on the combined provision of brackets, rates and deductions by type of income”, including “the absorption of the interventions of 2014 and 2020 concerning employees “and takes as” alternative option, less preferred, the adoption of a continuous rate system with particular reference to the average income brackets “.
As for direct taxes for self-employment, it is suggested the payment of «the balance and the first advance in six monthly installments of the same amount from July to December of the same year; the payment of the second deposit either in a lump sum by January 31 of the following year or in six monthly installments of the same amount from January to June of the following year “. The payments would take place “obviously without the application of any sanction and / or interest” and this intervention, the text reads, would be accompanied “by the simultaneous elimination or substantial reduction of the withholding tax”.
The commissions then recommend the reintroduction of the optional Iri (corporate income tax) regime which entails for sole proprietorships and partnerships in ordinary accounting the possibility of opting for the application of a proportional rate provided that the product profit is re-invested in the company, without prejudice to the possibility of deducting from the business income the sums withdrawn by the shareholders for distribution, in turn ordinarily taxed in Irpef.
In view of a possible overcoming of IRAP, the recommendation is that of a “reabsorption of IRAP revenue in the currently existing taxes, preserving the maneuverability of the local authorities and the level of financing of the national health service, without burdening the income with additional charges by employee and similar “.
On the green front, the package of measures deemed necessary includes: the reorganization, simplification and stabilization of measures for the energy and anti-seismic requalification of private buildings with the possibility of transferring the related tax credits; the strengthening of incentives for decarbonisation and environmental requalification interventions and the progressive reduction of subsidies harmful to the environment, while avoiding any increase in costs for businesses and tying the saved resources to the reduction of the tax burden on households and businesses; an increase in the limit on VAT deductibility (currently set at 40%) for all low-emission vehicles; the reshaping of the environmental taxation regime – with the same revenue – in line with the European guidelines and the objectives established by the EU Green Deal of progressive reduction to zero of net CO2 emissions by providing, in order to avoid regressive effects for individuals and penalizing for businesses, adequate compensation and reward mechanisms capable of accompanying families and businesses in the process of ecological transition.
As regards VAT, a simplification and a “possible reduction of the ordinary rate currently applied” are requested.
As regards the fight against tax evasion and the tax-taxpayer relationship, in the approved text, it is stated that the digitization of the tax authorities was the “most effective tool in the fight against tax evasion and the government is urged to extend electronic invoicing to all subjects currently exempt.
Finally, it is considered “desirable” a “legislative intervention” aimed at overcoming the residual forms of control activities based on the presumptive reconstruction of income or revenues (for example, profit gauge, financial investigations on companies, non-operating companies, analytical-inductive assessment ) “In cases where the use of the data in the databases allow for an analytical reconstruction and allow for the” timely “reconstruction of the taxable income for” natural and legal persons “and we invite you to change the page with a mandatory cross-examination and that both ‘Office to provide “proof of higher reconstructed income”.
(with source Askanews)
Source: RSS DiariodelWeb.it Economia by www.diariodelweb.it.
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