How is the IMU calculated? And Tasi? After the first episode on who has to pay, in the second FIRSTonline video tutorial dedicated to taxes on the house we talk about how to do the math. Let's first see what data are needed and then how to use them in the various steps. In the video we also offer an example of calculation.
Let's start with the tax base, which is the same for the Imu and for the Tasi. To get it, we have to start from cadastral income, an economic value that the taxman assigns to each property and which is written in the deed of sale of the house (usually on the third page) or in the first sheet of the cadastral certificate. This can be requested from the Agenzia delle Entrate (also via the internet) or it can be searched for through the “Cadastral income consultation” service.
Once the cadastral income has been found, we must increase it by 5% and multiply the result for the coefficient associated with the property (the list is in the video).
The resulting number is the tax base of IMU and TASI, which must be reduced by 50% if the property is given in free loan for use from parents to children, or vice versa, provided that the conditions we talk about in the video are met.
The tax base is also halved on buildings of historical or artistic interest and on those declared unusable or uninhabitable by a municipal technician.
The tax base must then be applied the rates, which are different for Imu and Tasi and vary from city to city, because the Municipalities decide them. Rates are reduced by 25% on properties rented at an agreed rent. To find out which rates are of interest to you, you can consult the resolution of your Municipality through the Department of Finance website.
If the Budget Law is not amended in Parliament, from 2019 the Municipalities will again have the power to raise the Imu and Tasi rates, because the Government has chosen not to extend the block on increases in force for two years.
THEcalculation example with which the video closes is a general scheme valid for both the Imu and the Tasi.
