News in chiaroscuro for banks from stability Law. The final version of the provision does not contain the most feared measure in the financial world, ie the increase in taxation on annuities (there was talk of a rate increase from 20 to 22%). And yet, the increase in the stamp duty on securities management has become a reality: the rate rises to two per thousand, a measure that will bring 900 million more into the state coffers.
From 2014, moreover, banks and other financial intermediaries will be granted the option to amortize the write-downs of uncollectable loans: they will thus be able to clean up their balance sheets, while the State expects to collect taxes for 2,2 billion in 2014 alone.
Finally, green light for the revaluation of the shares held by the banks in the capital of the Bank of Italy. Saccomanni explained that the operation is being studied by a commission from the central institute.
