The summit

Manoeuvre, Tajani: Irap increase hypothesis, soon to be proposed by Giorgetti

Summit at Palazzo Chigi with banks, insurance companies and businesses. The majority, in search of cover, put forward the hypothesis of increasing IRAP by 2.5%

by Lorenzo Pace

27 November 2025

3' min read

Translated by AI

Versione italiana

3' min read

Translated by AI

Versione italiana

Seeking cover to amend the budget bill. The majority, after finding agreement on issues such as the short-term rents and the exemption of the first house on the calculation of the Isee, is looking for about one billion euro to put corrective measures into practice. On the table is a further IRAP increase for banks, with an exemption to avoid hitting smaller institutions. The government and the banks are negotiating. The executive has summoned the credit institutions to Palazzo Chigi, together with the insurance companies and Confindustria. There is still no agreement. But a proposal will arrive shortly from Economy Minister Giancarlo Giorgetti.

From 2% to 2.5% IRAP

The idea would be to raise IRAP by half a point. That is, an increase in the regional tax on productive activities from 2% to 2.5%. The revenue would be 200 million. But, according to parliamentary sources, a one-point drop could stop the increase at 0.25. The hypothesis was illustrated at Palazzo Chigi by Giorgetti together with his deputy Maurizio Leo and deputy prime minister Antonio Tajani. In separate meetings, the executive received the Abi, represented by director general Marco Elio Rottigni, the Ania, with president Giovanni Liverani, and a delegation from Confindustria led by president Emanuele Orsini

Tajani: Irap increase hypothesis, soon to be proposed by Giorgetti

A further IRAP increase of 0.5 per cent with an exemption to EUR 90,000 'is one of the hypotheses being discussed. Let's see, we are talking. Giorgetti will make a proposal shortly,' confirmed deputy prime minister and FI leader Antonio Tajani in response, on the sidelines of an event at the Senate, to those who asked him how the meeting at Palazzo Chigi between the government, Abi, Ania and Confindustria had gone. 'We are continuing to talk to companies and insurance companies,' he added. Asked if there would be further meetings, he emphasised that 'interlocutions will continue not necessarily with new meetings but also through "telephone contacts"'

Intervention for large banks

The intention of the majority is to limit the increase only to large institutions. The hypothesis, in fact, is to insert an exemption of 90,000 euro. That, however, would only safeguard very small banks with one or two branches.

Abi: October agreement remains benchmark

The ABI has reportedly reiterated its position: we have already given, what was decided on 21 October applies, is the position clarified at the table, in addition to the fact that 50 per cent of the manoeuvre weighs on the banks, with very onerous measures for the banking system. Moreover, the EUR 90,000 deductible would be considered too low because it would leave out only the very small

How the majority summit went

The government's intention is to reiterate the need to make efforts to implement certain measures, on which agreement was reached at the majority summit. Agreement was reached on short-term rentals, with the willingness to maintain the 21% rate for the first home and the idea of reducing the threshold for triggering business activity to 3 properties (from 5).

Agreement was also reached on extending the Isee exemption on the first house, raising the cadastral value for larger cities, and on dividends. The possibility of offsetting social security contributions of companies was also clarified and measures in favour of the police force were discussed.

The question is coverage, which is why some reported amendments were declared inadmissible. Because for short-term rentals there should be self-coverage, while for the other amendments new resources are needed. It is necessary, as Giorgetti explained weeks ago, that the balances of the manoeuvre (about 18.7 billion euro) remain unchanged.