(Finance) – “Ours tax system must be rethought as an instrument for relaunching the national economic system, through a simplification it’s a rationalization of the withdrawal that rewards hiring, innovation and investment. Only through job creation and an increase in the productivity and competitiveness of businesses will it be possible to create the conditions for the reduction of tax burden and for the attractiveness of our economic system also towards foreign investors. There tax delegation approved by the government is from this point of view an excellent starting point, an ambitious project that finally aims at a simplification and an organic reorganization of our tax system. And it is also an extraordinary opportunity to bring our country up to speed with the most advanced economies, bridging the gap in fiscal competitiveness that penalizes us internationally”. This is what was stated by the President of the National Council of Accountants, Elbano de Nucciogarlic States General of the profession in progress in Rome.
The number one in the professional category underlined how i accountants have had in recent months “an intense and constructive conversation with the executive” and that all the proposals put forward by the category “were included in the delegation”. “We’ll see what the final set-up we want to give to the curve will be personal income tax rates – he continued -, but for us a real simplification of the system does not pass so much or only through the number of rates, but above all for the regulatory reduction and for the simplification of the rules for determining the tax base”. Among the main objectives to be pursued for the category is that of “greater horizontal equity of Irpef which is able to ensure equal taxation for equal income”.
As far as corporate income tax is concerned, of “extreme importance”, for de Nuccio, “is the expected reduction of the tax rate in case of use of the profits in investments and new hiring within the following two years. The measure has the clear purpose of promoting economic growth and the increase of employment basis, with an important new element compared to the past due to the fact that the reduction of the tax rate precedes the execution of the investments, rather than following them. A decisive signal to promote the competitiveness of businesses and increase the attractiveness of our country-system for investors, including foreign ones”. Equally relevant are “le forecasts aimed at reducing the dual civil-fiscal track and rationalizing the assessment procedures and the sanctioning system, in compliance with the principles of legal certainty and trustworthiness of taxpayers”.
Among the measures present in the delegation judged by the accountants to be “priority” there is also the transition fromIrap to a simpler and more functional addition ofIRESthe long-awaited codification of the principle of fiscal neutrality of the reorganization operations of associated firms into companies between professionals and the revision and rationalization of tax expenditures, safeguarding those that represent a fundamental refreshment Of essential expenses (such as health care costs, interest on mortgages for the purchase of a primary residence) or an instrument of Political Economics to incentivize certain sectors with overall benefit for the community (such as payments to third sector entities, expenses for the building and energy redevelopment of buildings).
Also important is the extension of the flat tax to participants in partnerships, professional associations and family businesses, in order to avoid the disintegration of the activities carried out collectively for the sole purpose of being able to access the replacement regime, the elimination of tributes of modest entity and low revenue, starting fromstamp duty on invoices and the annual tax on government concessions for the endorsement of books and accounting records, a more balanced tax-taxpayer relationship in the phases of control and assessment, through the enhancement of the principles of the Statute of taxpayer rights.