Barring a possible corrective maneuver envisaged by the Government, 2017 could lead to a lowering of the tax burden as a result of both the provisions of the 2017 budget law and as a result of the provisions of the previous manoeuvres.
Families, reports the study office of the Cgia of Mestre, should save 2,9 billion euros and businesses 4,5, which would translate into an expected tax burden of 42,3% (-0,3% compared to 2016).
From an economic point of view, the most significant provision will be the extension of the deductions for building renovations and energy saving (607,7 million euros) followed by the baby bonus (392 million euros) and the culture bonus for 18-year-olds (290 million of Euro).
Joint-stock companies will benefit from the reduction in the Ires rate from 27,5% to 24%, alongside sole proprietorships and partnerships which may be subject to a fixed rate of 24%.
The extension of the maxi-depreciation to 140% and the hyper-depreciation to 150% for the purchase of high-tech machinery complete a picture in which the reduction of the contribution rate to 25% will allow the people of the IFisco accounts to save money 108 million euro of social security contributions.
The measures go in the right direction but the tax burden is still high, concludes the Cgia.
