The abolition of the Tasi 2020 is on the horizon: next year, only the IMU will be paid on properties other than the main residence, which however will become heavier. At least this is the government's plan, which has included the unification of the two taxes on the house in the draft maneuver sent to Parliament, in article 95. Obviously, the House and the Senate can make changes to the law, and indeed it is probable that they do, given the importance of the issue from an electoral point of view.
The Government assures that property owners will not pay more than in the past, because the revenue reform is unchanged. On closer inspection, however, this statement is true in the majority of cases, but not in all: unchanged revenue does not in fact guarantee that the distribution of the tax burden will remain the same.
TAX ABOLITION AND NEW IMU 2020: HOW THE RATES CHANGE
Let's move on to the numbers. Until the end of 2019, the instructions of the Ministry of the Economy are valid, according to which "the sum of the rates of the Tasi and the Imu for each type of property must not be higher than the maximum rate allowed by state law for the Imu as at 31 December 2013”, i.e. 6 per thousand (equal to 0,6 per cent) on the main luxury home and 10,6 per thousand (= 1,06 per cent) on other properties. However, it is permitted to retain any Tasi surcharge of 0,8 per thousand, provided that this was introduced in 2015. In many cities, the maximum limit for the sum of the two rates thus rises to 11,4 per thousand. Here it is: after the abolition of the Tasi, 11,4 per thousand would become the maximum rate of the new Imu, which at that time would really turn into a single municipal tax. Calculator in hand, for many taxpayers nothing would change, given that Tasi and Imu have always had the same tax base.
But in the Municipalities where the Tasi increase of 0,8 per thousand had not been launched by 2015 and was therefore no longer possible? Will the bar rise to 11,4 per thousand for them too? We still need to clarify this passage.
As for the Municipalities that have not yet raised the tax on the house to the maximum level, they will be able to choose to do so in 2020, but they could also have with the Imu-Tasi binary system, given that the rate freeze was canceled on last year by the yellow-green government.
Conversely, administrations that already demand the most from their citizens (such as Rome, Milan, Florence, and Bologna) will continue to have their hands tied.
NEW IMU 2020: WHAT IS CHANGING FOR THE MAIN HOME
On the few main houses for which payment of the Imu is required (villas, historic houses and stately homes: cadastral categories A/1, A/8 and A/9) the ordinary rate rises from 4 to 5 per thousand, but the Municipalities will be able to increase or decrease it up to one percentage point, then it could return to 4 or rise up to 6 per thousand. We remind you that by main residence we mean the property where you have your registered residence and where you habitually reside (in fiscal terms, it is a different concept from that of a first home).
NEW IMU 2020: WHAT'S CHANGING FOR RENTALS AND FREE LOANS
The worst news for landlords, however, concerns rents and free loans. Until now the tenant (tenant or borrower) had to pay a share between 10 and 30% of the Tasi (at the discretion of the Municipality), but now this slice too passes on the shoulders of the owner, who has always been responsible for 100% of the 'imu.
