On the ceiling on cash, Parliament takes a partial step back. Yesterday the Chamber approved five motions which - with a favorable opinion from the Government - ask to raise the threshold beyond which electronic payment becomes mandatory, a limit which aims to hinder money laundering and tax evasion through the traceability guaranteed by telematic tools.
The current limit, established by the Monti government with the Salva Italia decree, is one thousand euros (but provides for an exemption aimed at safeguarding tourism: for non-residents in Italy the ceiling is 15 thousand euros). Three months ago, Prime Minister Matteo Renzi himself had already declared himself ready to raise the threshold to 3 euros.
“I express a favorable opinion on the Lupi motion – commented the Deputy Minister of the Economy, Enrico Morando – because there is above all a commitment for the Government so that, in the Community context and on a national level, it undertakes to encourage the use of non- cash for the payment system and subject to this commitment, the Government agrees to undertake to evaluate the opportunity to also review the limits for the use of cash”.
The motions approved yesterday bear the signatures of Sergio Boccadutri (Pd), Maurizio Lupi (New Centre-Right), Renato Brunetta (Forza Italia), Salvatore Matarrese (Civic Choice) and Daniel Alfreider (mixed group).
