In the budget law for 2022, the first maneuver of the Draghi government – currently being defined -, the extension of tax incentives to aggregations should also be included, until June 2022: good news for Italian banks, first and foremost for Mps.
The tax incentives, which have been talked about a lot in the previous months precisely in relation to the Monte dei Paschi dossier, are those that provide for the transformation of the DTA into a tax credit.
A few days ago, exclusively, Reuters reported that the Mef was considering the option of extending the expiration of the tax incentives launched to favor the merger and acquisition operations for another six months, evidently also to buy time in the dossier it sees. involved the Mt.
The scheme of the so-called fiscal dowry, or state dowry, must be specified, it applies to all Italian companies, but tends to favor banks above all and is also a key element in the efforts of the Treasury, the first shareholder of MPS with a share of 64 %, aimed at convincing Andrea Orcel to ensure that the bank he manages, UniCredit, accepts Monte.
At the beginning of May, rumors circulated about the possibility that the tax dowry in favor of Piazza Gae Aulenti would be enriched by another billion and that the time to take advantage of the dowry was extended by six months. The Sostegni bis Decree, on the other hand, once enacted it, denied the rumors of a more substantial and longer-lasting state gift to banks.
The extension, now government sources say, should be formalized with the budget law for 2022. Banks, especially MPs, are awaiting official confirmation.