The increase in taxation on financial income "could make sense with a view to reviewing all taxation on savings, above all the Tobin Tax and stamp duty". Thus Gianluigi Gugliotta, general secretary of Assosim, the Association of financial intermediaries, comments on Radiocor the decision of the Renzi government to raise the tax rate on financial income from 20% to 26%.
“Those heavy taxes should be eliminated which do not benefit either operators or savers and which impose burdens and responsibilities on intermediaries that go beyond tax revenues. An organic systematization of all matters is necessary, also taking into account the tax regime in force in other countries”, added Gugliotta.
