Manoeuvre, all the weak points: Irpef cut, short-term rents, fuel excise duty

From the Irpef cut to the short-term rents, from fuel excise duties to hyper and super depreciation: the Senate Budget Service has published a dossier of documentation in which it has X-rayed the manoeuvre, which is being examined by the Senate Budget Committee in first letter. Here, in a nutshell, are the remarks that were made and the passages that came under the lens.

According to the technicians, on the reduction of the second Irpef tax rate for second-tier incomes envisaged by the manoeuvre, 'more information' should be provided on the parameters considered for the 'quantification of the expected revenue shortfalls, in relation to the number of taxpayers who will fall into the second Irpef bracket'. Again with reference to the Irpef cut, the Budget Service also notes in the document the need for 'indications on the Isa of the affected groups' and 'information elements' on the criteria adopted in estimating the lower revenues from regional and municipal surtaxes starting from 2027.

On the short-term rentals the technicians observe: 'it would be useful to provide a representation of the effects of the measure also after the three-year period considered, evaluating whether the assumption that 90 per cent of the real estate units will continue to use the platforms for the needs of simplification and rapidity of the transactions can be a stable hypothesis or subject to a certain variability'. On the rule on fuel excise duties, then, it is observed: 'for the quantification profiles, it is noted that the technical report, while providing a series of information on the methodology used to determine the financial effects of the provision, does not specify the data and elements used for the estimate, therefore it is not possible to make an assessment on the quantification of the higher revenues expected'.

With regard to hyper and super depreciation, the dossier points out that the technical report, 'while illustrating the estimation methodology and providing the results thereof, does not make explicit other information such as, in particular, the average net rate for direct taxes. In order to allow a verification of the estimate made, further detailed data should therefore be provided'.

Additional information is also requested on the litigation fund: 'it would be necessary,' the dossier states, 'to obtain information on the national and European litigations for which the fund is intended and explanations on the estimation criteria adopted in the quantification'.