(Tiper Stock Exchange) – Green light from the Council of Ministers for tax reformwhich completely rewrites the current tax system, inherited from the 70s, providing for a simplification of the tax system and one general reduction of the tax burden.on citizens and businesses.
There tax delegation includes a number of rules, operational within 24 months from the entry into force of the enabling law – explains a note from the MEF – and goes in the direction of reduce the tax burden to favor the investments and the hiring and to establish a relationship between taxpayer and administration financial that goes in the logic of a dialogue targeted between the parties according to the needs of citizens and businesses.
Thanks to IRPEF reform will be guaranteed horizontal equitywith the reduction of the tax burden and the transition from 4 to 3 rates with the purpose of arrive at a flat tax for all. The rationalization and simplification of the entire IRPEF system (Agricultural, Building, Financial, Employee, Self-Employed, Business and Miscellaneous Income) will be guaranteed.
Also expected review of tax expenditureswhich today includes more than 600 entries, and the equalization of the no tax area for employees (8174 euros) and pensioners (8500 euros).
Taxes down for businesses too thanks to the reduction of the current IRES rate for those who invest and hire and to a ggradual elimination of IRAP.
There fight against evasion will hinge on the institute of preventive agreement biennial and on strengthening thecollaborative fulfillment, transforming the law enforcement activity into preventive and no longer repressive. They are expected then lighter penalties for collaborating companies and the hypothesis of “the impossibility of meeting the payment of the taxnot dependent on facts attributable to the subject himself”.
Among other things, the CDM today also approved a Dpcm for the new organization of the MEFwhich passes through the creation of a new Department of the Economy “in line with the new European approach”, which is assigned responsibilities in the field of financial interventions in the economy, enhancement of public assets and management of state holdings and protection of assets strategic.