For the moment it doesn't disappear, but it slips. The Government finds the resources in extremis for postpone the VAT increase for three months. The increase that will bring the third rate of value added tax from 21 to 22% it will not start in October, but in January. The draft of the decree approved today in the Council of Ministers provides for it. The news was released by the Ansa agency.
Once the postponement has been approved, the Executive hopes to find the covers to definitively freeze the tax by the end of the year. Furthermore, by 2014, "the measures of the reduced rates will be redefined - reads the draft of the provision -, as well as the lists to be subject to them".
Meanwhile, the postponement will be paid for thanks to theincrease in the Ires advance (to 103%) and Irap for 2013in addition toincrease in excise duties on fuel two cents per liter up to December 2013 and 2,5 cents per liter up to 15 February 2015.
In today's meeting of the CDM, the Government then refinanced the Redundancy fund in derogation 2013 with a further sum of 330 million euros "to be divided among the regions".
