Stocks, bonds, government bonds, investment funds, securities accounts and policies. Except for pension funds and health funds, practically all financial instruments they will be affected by stamp duty increase established by Monti maneuver, which replaces the one introduced last summer by former minister Giulio Tremonti. No news, however, for current accounts and deposit accounts, which will continue to pay the traditional 34,2 euros. Some like to call it "patrimonial“, but not to the premier, who for strategic reasons has chosen never to pronounce the end of the discord, invoked by the left and abhorred by the right.
As for the revenue, the State should obtain 2,6 billion in 2012 and 4,7 billion in 2013, against a base that is around 1.900 billion overall (according to Bank of Italy data), i.e. more than half of the assets household securities (the other 1.250 billion are parked in current and deposit accounts). Once fully implemented, the measure should result in collections of around three billion a year.
The rate will be 0,1% for the first year, 0,15% from the second onwards, but the calculations will be made in proportion to the investment and, where possible, on the market value, rather than on the nominal or reimbursement one. In any case, there are gods precise limits: the value of the stamp duty must be between a minimum of 34 euros and a maximum of 20 euros.
With a levy of one per thousand, this means that only Italians who have invested more than 34 euros will pay more than the minimum. One is also planned exemption threshold, which in the definitive version of the maneuver remains fixed at one thousand euros (while in the first draft there was talk of an increase to five thousand). The proceeds will be paid to the tax authorities directly by the banks, which will have to calculate the total amount of withdrawals by adding the rates on the various financial instruments held by each individual customer.
