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The abolition of public financing of parties is law

Definitive breakthrough in cutting the costs of politics - Today the final yes to the provision - The text provides for tax breaks and the option, starting from 2014, to allocate the share of 2 per thousand of the per capita income subject to personal income tax to parties.

The abolition of public financing of parties is law

The decree law for the public funding to parties it is law: from now on there will only be the option to allocate 2 per thousand of the per capita income to political parties. This was decided by the Deputies Chamber voted after completing theexam and Voting   amendments to the text concerning the new rules on voluntary economic contributions in favor of political forces, examined, amended and approved by the Senate. 

The text provides robust tax benefits and the faculty, in fact, starting from 2014, to allocate the share of the party to the parties 2 per thousand of per capita income subject to personal income tax. The text resulting from the work of the Chamber is identical to that approved and transmitted by Palazzo Madama. No changes were made during yesterday's and today's sessions.

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