Taxation on banking foundations continues to grow "with an impressive progression, in just a few years it has practically quadrupled, reducing the resources that feed our disbursement activity towards voluntary work, private social organizations and the same territorial bodies that work with us in favor of our communities" . The president of Acri, Giuseppe Guzzetti, renews the alarm on the constant increase in the weight of the tax authorities and does so inhis speech for World Savings Day, where he stressed that foundations "are non-profit entities, actors and promoters of philanthropy and volunteering".
Abroad, added the number one of ACRI, other organizations similar to bank foundations “enjoy advantageous taxation. For us, taxation continues to grow with an impressive progression – complained Guzzetti – we have gone from 100 million euros in 2011 to 170 in 2012 and 2013 up to the 340 million expected for this year and the 360 that we estimate we will have to pay in 2015”. Guzzetti also recalled that das of 2008, Italian banks have recapitalized for 27 billion euro and "the Foundations of banking origin have provided a decisive contribution, at least a quarter of the total, to the success of the capital increases carried out post-crisis".
