Increasing household income, restoring competitiveness to businesses, encouraging the participation of women and young people in the labor market: these are Cnel's suggestions for a tax reform. The president, Antonio Marzano, illustrated them to the members of the Senate Finance Commission. Among the tools indicated are an ordinary patrimonial, the fight against evasion through the assignment to the Revenue Agency of all the financial balances of taxpayers, the remodulation of tax breaks.
According to Cnel, it is "essential to start urgently" one tax reform that addresses the "excessive and unequal level of the levy, its unfairness deriving from an evasion rate among the highest in OECD countries, the contradictory and cumbersome nature of the legislation which discourages investments and reduces Italy's attractiveness for choices location of multinational companies".
These are the suggestions.
Ordinary capital - For the Cnel it should affect 1) real estate, with the exclusion of the first non-prestigious houses and with the adjustment of the estimates by replacing them with market values 2) large movable assets, starting from a certain threshold. The proceeds of these levies should go towards reducing the tax burden on income and the cost of labour.
Fight against tax evasion – Meanwhile, strengthen the traceability of transactions, with a ban on cash payments over 500 euros and a ban on endorsement of cheques. Then the transmission of the financial balances of all taxpayers to the Revenue Agency. And the Cnel hypothesizes a new procedure for the purposes of tax returns: the taxpayer presents his intention to declare, if the Agency does not deem it appropriate, he reports the information in his possession, and at that point the taxpayer, in the final declaration, decides whether or not to take into account the Agency's reports.
It is also proposed, in addition to theelimination of dormant VAT numbers, the adoption for small retailers of the Spanish system, making the wholesaler or manufacturer also apply VAT on the goods sold by the retailer.
Yet: reduction in the number of Srls to avoid the establishment of a limited liability company for the purpose of pure enjoyment (real estate, boats, luxury cars).
Remodulation of the existing favorable tax regimes – According to Cnel, it is necessary to operate in a selective way, avoiding the indiscriminate cutting of existing regimes. On the contrary, the revision must take into account that a significant part of the current subsidies (for example those on work, the family, Irap) not only must not be reduced, but on the contrary must be strengthened.
