Eliminate adverse tax regulations that penalize Italian banks compared to their European competitors. This was asked by the president of ABI, Antonio Patuelli during his speech at the 54th assembly of the Italian banking association: “only with a completely leveled plan can banks, and Italian companies in general, be able to compete profitably. Otherwise, with higher bureaucratic and tax burdens, most of our businesses would increasingly suffer from competition".
According to Patuelli, it is necessary to exempt the profits allocated to equity from the extraordinary surtax on the 2013 Ires which affects banks, underlining how, in the Imu-Bankitalia decree, "an extremely burdensome extraordinary surtax of 8,5 points on the 2013 IRES, with a parallel increase to 130% of the IRES advance again for 2013”.
"In Italy - continued the president of ABI - more than one company out of four has become non-performing". In 2012, gross non-performing loans reached 166 billion against 43 in 2008 and "the total of non-performing loans exceeded 290 billion from 86,5 billion at the end of 2008".
Patuelli then pointed the finger at the innumerable measures rained down on banks in the last 5 years, over 670, "both of a bureaucratic and regulatory nature". Provisions that have had "significant economic impacts" and of an "inorganic and often without proportionality, without a long-term plan".
