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Stability is law: trust passes to the Senate

Definitive approval of the budget maneuver that abolishes the tax on first homes, raises the ceiling on cash to 3.000 euros and provides for interventions in favor of families, businesses and investments.

Stability is law: trust passes to the Senate

Final go-ahead from the Senate Chamber for the Stability Law 2016. With 154 yes and 9 no, the assembly of Palazzo Madama has approved the trust in the stability bill and with 162 yes and 125 no, he also approved the budget bill. Thus ended, just before 17.30 pm, the budget session in Parliament: the maneuver became law.

The definitive text is identical to the one approved on Sunday night by the Chamber and contains many changes compared to the initial version. The the total value of the maneuver has grown from 29,6 to 35,4 billion euros and the financial coverage envisages an increase in the 2016 deficit-GDP ratio from 2,2 to 2,4%. The European Commission has so far authorized Italy to raise the deficit only up to 1,8% of GDP and will express its opinion on the further margins of flexibility requested in the spring.

Confirm them three key measures of the maneuver: farewell to Tasi on first homes (which are worth 3,7 billion), relief for hiring (albeit halved compared to 2015) and super-depreciation at 140% on business investments. On the other hand, the advance to 2016 of the reported decline in theIRES (corporate income tax) from 27,5 to 24%, for which we will have to wait until January 2017, XNUMX. Among the innovations introduced at the last minute, the most relevant is the card intended for families with at least three minor dependent children.

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