The bill empowers the government for the tax reform it is law. The text, already approved by the Senate, has received the green light from the Chamber with 184 votes in favor and 85 against. All the majority groups and Action and Italia Viva voted in favor, the other oppositions (Pd, M5S, Avs and +Europe) were against. The delegation must be exercised by the government within 24 months of the entry into force of the law. But the crux of the resources needed to finance the measures remains. In the meantime, let's see what changes.
Three rates, then flat tax without abandoning progressiveness
The provision is made up of 23 articles distributed in five titles. The Deputy Minister of the Economy, Maurizio Leo, speaking at the end of the general discussion, confirmed the objective of reducing the number of personal income tax rates from four to three “and then gradually arrive towards the 'flat tax', without abandoning the logic of progressivity, which as you know can also be obtained with the mechanism of deductions and deductions”.
Tax reform: what's new
Furthermore, there will be less tax on thirteenths. For employees, on the other hand, the initial hypothesis of an incremental flat tax - too expensive - is skipped, in its place a facilitated taxation is introduced on overtime, bonuses and productivity bonuses. Also, comes the two-year preventive agreement for the VAT numbers and SMEs: i.e. the possibility of defining the amount of taxes to be paid with the tax authorities. But the government "doesn't let its guard down in the fight against tax evasion", underlined Leo, specifying that the two-year arrangement with creditors and "cooperative compliance" are not "gifts" for tax evaders, but are tools based on data knowledge taxes made possible by electronic invoicing and new technologies.
As far as the 'IRES, there will be a facilitated double scheme. Alongside the ordinary rate (24%), two complementary regimes of advantage are envisaged: the first reduces it to companies that use resources in investments, new hires or employee participation in profits; companies that do not benefit from the reduction can benefit from any tax incentives in the form of super-depreciation. As far as VAT is concerned, however, a revision of the discipline is envisaged to make it more compliant with EU legislation. Among the possibilities there is also zero VAT for some basic necessities.
With regard to fines "we need to review the system", continued Leo, "because we cannot see a mechanism of sanctions ranging from 120 to 240% when instead in the other countries of the European Union it stands at 60%, and it is not our invention , the Constitutional Court tells us according to which the sanctions must be proportional”.
