To solve the IMU dilemma, the Government could play the Bankitalia card. It's a difficult path to take, because times are short and the General Accounting Office could oppose it, but the hypothesis exists. Everything revolves around the real value of the central institution. The three essays that the governor Ignazio Visco has instructed to do the accounts (the former president of the Constitutional Court Franco Gallo, the former vice president of the ECB Lucas Papademos and the rector of Bocconi Andrea Sironi) would have finished the work and the report should already be on the table of the Minister of Economy, Fabrizio Saccomanni.
According to some rumors, the value of the Bank of Italy should be between 7 and 10 billion euros. The revaluation of the shares held by the Italian banks, the main shareholders of Palazzo Koch, will allow the institutions to strengthen their capitalization levels without resorting to capital increases. A nice advantage, especially in view of the exam that the ECB will launch next month, including the stress test.
The Treasury will also benefit from the operation, because the revaluation will be taxed by the tax authorities. Various hypotheses speak of a potential collection of 1,6 billion euros (a figure that would be obtained by applying a rate of 16% on a total value of 10 billion or 20% on 8 billion). Assuming that the procedures are concluded in good time, via XX Settembre could decide to allocate these resources to the abolition of the second Imu installment, which expires in mid-December.
Meanwhile, the controversy continues over the levy introduced by the Stability law which from next year will include Imu on first homes, Tares and various municipal levies. "The reform of real estate taxation, with the introduction of the Trise, involves a significant increase in taxation both with reference to the main residence and on vacant second homes, quantifiable at 72% and 19% respectively". This is the result of some simulations illustrated yesterday by the National Association of Building Builders in the Senate during the hearing of President Paolo Buzzetti.
“Taxation on the house increases again – said Buzzetti –, we remove the Imu and put it back with the Tasi with a 20% increase. There have been no cuts in current spending and they are recovering from the house: this is a counter-order to the recovery that was being seen".
