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Italy's Budget Bill: Key Amendments and Debates
Analysis of proposed amendments to Italy's budget bill, focusing on tax reforms, pension increases, and the future of home renovation bonuses.
Italian
Italy
EconomyEuropean UnionLabour MarketBudgetSocial WelfareTaxationItalian Politics
Brothers Of ItalyForza ItaliaLegaCgilIvass
Giorgia MeloniMaurizio LandiniLuigi SbarraPierpaolo Bombardieri
- How does the budget bill address home renovation bonuses in 2025?
- The 50% home renovation bonus will continue in 2025, but only for first homes with a 96,000 euro cap. For second homes, the bonus drops to 36%, reflecting a focus on primary residences.
- What are Forza Italia's main proposals regarding pensions and tax reforms?
- Forza Italia is pushing for a further increase in minimum pensions, adding at least 5 euros to the current 3-euro increase. Their amendments also focus on tax reforms like modifying IRPEF and potentially reconsidering the concordat's deadline.
- What is the proposed change regarding IVASS and its relationship with the Bank of Italy?
- The government is considering a move to place IVASS, the insurance supervisory authority, under the Bank of Italy, reflecting the growing integration between banking and insurance sectors.
- What are the key debates surrounding the web tax, sugar tax, and other tax-related amendments?
- Amendments to the budget bill include revisions to the web tax and sugar tax, with debate surrounding their scope and implementation. The Lega is pushing to expand the flat tax and reduce cryptocurrency taxation.
- What changes are proposed to the capital gains tax on properties renovated using the Superbonus?
- An amendment by Brothers of Italy aims to reduce capital gains tax on properties renovated with the Superbonus, potentially benefiting those selling within 10 years. The changes would also include a deduction for financial burdens and link taxation to actual Superbonus use.