The increase of pension fund taxes envisaged by the Stability law "risk of being penalised" for those who have already joined these supplementary pension instruments. Furthermore, starting from 2014, "it is carried out in derogation of the principle of non-retroactivity of tax rules", therefore it would be advisable "to apply the increase to the subscription of social security funds starting from the 2015 tax year". This is what the Senate Finance Commission writes in its opinion on the manoeuvre, which is favorable but contains some observations.
In the report, the Commission also calls for the suppression of the provision that reduces the share of profits received by non-profit entities that is not subject to taxation, because "there is a risk of greatly eroding the resources available to these entities, with particular reference to banking foundations" . As an alternative to the stop, it is requested that the measure be applied to profits distributed from 1 January 2015.
To date, the DDL Stability expects to raise the substitute tax on the income of pension funds from 11,5 to 20%. The increase will be considered valid from 2014 January XNUMX, even if what has already been paid will suffice for redemptions made this year. It is one of the most controversial measures of the entire budget, to the point that for weeks now the Government has been looking for the covers to modify it or remove it from the text. Meanwhile, the voices of protest are multiplying.
Pension funds, the association, which brings together Confindustria, Confcommercio, Confservizi, Confcooperative, Legacoop, Agci, Cgil, Cisl, Uil and Ugl and which represents over two million workers enrolled in category funds, has already made it known that it wants to bring "the question under scrutiny by national judges and the Community Courts, also to counter the retroactivity of the increase in taxation on pension funds. An imposition considered a disfigurement to the protection of the citizen's custody because it is an exception to article 3 of the taxpayer's statute and to the general principles of the legal system”.
In general, the measure "gives rise to a clear penalization of the pension choice", said Aldo Minucci, president of theNational association of insurance companies, underlining that in this way the Government disavows "the pact stipulated by the State at the time with workers and citizens who have chosen to adhere to these pension schemes also on the basis of institutional awareness campaigns and recognized tax incentives which would now be reduced in meaningful way".
