Receipts e tax receipts are destined to disappear: in their place, to prevent evasion, traceable payments and telematic transmission of data will be used. It is one of the innovations included in the report on tax evasion approved together with the update of the Economics and Finance document.
In fact, the report, published on the MEF website, anticipates the intention to give up receipts and receipts as they are ineffective and outdated results from the traceability of payments. Other news will also arrive: the season of amnesties will be definitively archived, but at the same time the burdens on businesses will be reduced and random checks on the territory will be abolished, to leave room only for targeted checks. About 11 billion euros should be recovered this year from the fight against tax evasion, a sum in line with that forfeited in 2013.
The Def also specifies that the cut of the tax wedge from 2-3 billion in favor of businesses will focus mainly on the reduction of social contributions, even if an intervention on theIRAP. For employees, however, it is confirmed that the Irpef bonus of 80 euros it will be structural.
The Government also speaks of one safeguard clause to be included in the 2015 Stability Law: if the measures already envisaged are not enough, in order to achieve a balanced budget in 2017, Italy will raise the rates of VAT and other indirect taxes for an amount "of 12,4 billion in 2016, 17,8 billion and 21,4 billion in 2017 and 2018". If exercised (as already happened under the Monti and Letta governments, which raised the higher rate to 21 and 22% respectively), the clause "would have a recessive effect equal to 0,7 percentage points of GDP in the three-year period 2016- 2018 due to an overall contraction in consumption and investments of 1,3 percentage points". Considering that the previous VAT increases concerned the basic rate, the new interventions will probably concern the reduced rates, currently set at 4 and 10 per cent.
The move aims to reassure Brussels and Berlin, which are on the deficit side already on a war footing with Paris. In the Document, in fact, the Executive explains why the government has decided to postpone the balanced budget for one year, motivating the request for derogation with the seriousness of the crisis and reaffirming the commitment to enact structural reforms. The Minister of Economy, Pier Carlo Padoan, underlined that “the fall in GDP in Italy is greater than that of the great depression of 29”, adding that the Eurozone “is at a crossroads” and risks falling into “a spiral of stagnation and deflation”.
Without a decisive recovery, according to the number one of the Treasury, the stability of the social and productive fabric is endangered, therefore Italy has chosen to postpone the breakeven by raising the 2014 deficit from 2,2 to 2,9% of GDP. The increase of 0,7 points will make it possible to launch a maneuver from around 11 billion. In the direction of growth they will come 7 billion for the stabilization of the 80 euros in payroll (which are added to the 3 already provided for by the Irpef decree), 1,5 billion for the new social shock absorbers, a billion for the easing of the municipal stability pact e another billion for the hiring of the 150 precarious school workers.
Attachments: Anti-evasion report http://www.mef.gov.it/inevidenza/article_0021.html
