it’s officially launched Countdown Reforms that will change the face of the implementation process italian taxman: Published in the Official Gazette on 14 August last tax delegation.
Tax, Here’s How It Will Change
since reform personal income tax Which aims to reduce the rates from the current four to three through restructuring of existingand the jungle of tax laws The executive will have time till the fiscal calendar is reformed 29 August 2025 Reforming the Italian tax system.
From income tax to calendar
As has been repeatedly underlined, the cornerstone of fiscal delegation is undoubtedly the reduction personal income tax rates To tell the truth, the path is laid out in a general way in the text, in the sense that there is no explicit mention of a reduction from 4 to 3 rates, but the objective is indicated to be that of revision and a “gradual reduction”. Talks about taxation on personal income tax (IRPEF), in compliance with the principle of progressivism and with a view to transition the system towards a single tax rate. In fact, the target is to be achieved by reducing the rates to three.
“A landmark reform”
“I am very satisfied with the approval of the tax delegation. A structural and biological improvement, cHe embodies a clear vision of the development and progress that Italy has been waiting for for 50 years. Lower taxes on homes and businesses, a fairer and more equitable tax system, more money in payrolls and lower taxes for renters and investors, simpler and faster processes. These are some of the principles of a historic provision that will revolutionize the relationship between tax authorities, citizens and businesses and the government will work to implement it with the orders that will be implemented. A commitment made to the citizens that we honored today”These are the words with which the head Giorgia Meloni expressed her satisfaction at OK.
Deputy Minister is also on the same line Leo for which the approval of the tax proxy “U” representsN historical achievement, yesWe are facing an epoch-making reform that Italy has been waiting for more than 50 years.