Meeting without agreement between the government and the financial sector. Towards a further increase in IRAP and car insurance taxes. The three-year contribution would rise from 9.5 to 10.5 billion
Table of Contents
- Meeting without agreement between the government and the financial sector. Towards a further increase in IRAP and car insurance taxes. The three-year contribution would rise from 9.5 to 10.5 billion
- New squeeze for a billion
- The proposals still on the field
- Italy’s gold belongs to the State»: but it cannot be touched, that’s why
- Short-term rentals, the rate remains at 21% on the first: «But the business activity starts from the third property»
- Maneuver 2026, green light for the Bank of Italy’s gold to pass to the State: 105 amendments rejected
By Mario Sensini
A meeting between the government and the financial sector has concluded without an agreement. This impasse points towards a potential further increase in both IRAP (Regional Tax on Productive Activities) and car insurance taxes. The proposed three-year contribution from the sector is set to rise from 9.5 to 10.5 billion.
The government is preparing to tighten the extraordinary tax levy on credit and insurance to make ends meet budget maneuver. This time, however, without the agreement of the financial sector, or at least of the banks, which had already agreed with the executive on a contribution of 9.5 billion to the public budget over the next three years.
New squeeze for a billion
The new squeeze should be worth around one billion, 600 million from the increase in IRAP on banks and insurance companies by 2.5 points (no longer 2),the rest from an increase in taxes on insurance for vehicle drivers. The plan was illustrated yesterday Abi, Ania e Confindustria (which asks for the stabilization of hyper-depreciation) by the Minister of Economy, Giancarlo Giorgetti, his deputy Maurizio Leo and the deputy prime minister, Antonio Tajani, the same “political” format that had closed the agreement of October 21st appreciating “the spirit of collaboration of the banks”, then suddenly returned to the table.
The proposals still on the field
Next week will see a tightening of parliamentary amendments. Proposals still under consideration include those from FdI regarding the ownership of gold reserves held by the Bank of Italy, the subsidized revaluation of investment gold (shared by FI), and an increase in the Tobin Tax. Also remaining are amendments concerning the sale of ESM shares and the abolition of the retirement age step (Lega), deductions for high school books and an increase in the value of the first home exempt from ISEE (NM), a FI request on rents, and the exclusion of industrial holding companies, similar to banks, from IRAP increases.
Italy’s gold belongs to the State»: but it cannot be touched, that’s why
by Mario Sensini
Short-term rentals, the rate remains at 21% on the first: «But the business activity starts from the third property»
by Valentina Iorio and Economics Editorial Staff
Maneuver 2026, green light for the Bank of Italy’s gold to pass to the State: 105 amendments rejected
by Massimiliano Jattoni dall’AsénSubscribe to the L’Economia newsletter.Analysis and comments on the main economic events by the Corriere’s authors.