Mercoledì, 19 Settembre 2018

EU says Italy should reform land registry


Brussels, August 14 - The EU Commission on
Wednesday said Brussels would not discuss a controversial
property tax that threatens the stability of the Italian
fractious government coalition but called on Italy to reform its
land registry "to align the real estate tax with a property's
actual market value", said the spokeswoman for European
Commissioner for Economic and Monetary Affairs Olli Rehn.
Overall, land-registry property estimates are out of date
in Italy and often don't reflect the effective value of the
"GDP estimates don't change what is being requested from
Italy", said the spokeswoman citing a "shifting of the fiscal
burden from labour to capital, real estate property and
Eurostat data released on Wednesday showed GDP had picked
up 0.3% both in the euro zone and in the EU in the second
quarter of 2013, but Italy, going through its longest and
deepest recession in 20 years, was one of six countries with GDP
down again, by 0.2%.
Silvio Berlusconi's center-right People of Freedom( PdL)
party has threatened to pull its needed support from the
government if their campaign promise to scrap the IMU tax is not
upheld, while in the meantime IMU payments have been postponed
through September as part of a truce as cabinet allies seek a

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