Home » Recovery Plan, by the end of July the delegated tax law Simplifications decree at the beginning of May

Recovery Plan, by the end of July the delegated tax law Simplifications decree at the beginning of May

by admin

MILANO – The roadmap for putting into practice the government’s provisions in the Recovery Plan is already beginning to be outlined. Starting with the tax authorities, with the executive which – reads the text sent to Parliament – undertakes to submit to Parliament by 31 July 2021 a delegation law to be implemented through one or more delegated legislative decrees “for the reform “Tax reform is one of the key actions to respond to the country’s structural weaknesses and in this sense it is an integral part of the recovery that we intend to trigger also thanks to European resources”, reads the draft again.

Recovery, Draghi-Von der Leyen phone call: the prime minister guarantees Italy’s commitment to reforms

by Roberto Mania


The “possible revision of the personal income tax” will have to preserve not only “progressiveness”, but also “the balance of public accounts”, the text continues. To get to the IRPEF cut, it is necessary to “continue with determination” in the fight against tax evasion, also through a strengthening of the Revenue Agency, for which “2000” additional recruitments are planned.

Even shorter deadlines for the simplification decree, already scheduled for next month. “The most urgent simplification interventions, starting from those instrumental to the implementation of the” Pnrr “projects will be adopted through a decree law that will be approved by the Council of Ministers within the first week of May and converted into law by mid-July”, yes reads in the draft of the Recovery Plan. Previous versions indicated the adoption of decree laws “after the transmission of the NRP”. The other interventions will come with ordinary laws, proxy laws and related delegated decrees, “to be approved by 2021”.

See also  The Recovery Fund gets underway. To Italy the first installment of 25 billion already in the summer

In terms of environmental commitments, the “Green Revolution and Ecological Transition” mission allocates a total of 68.6 billion – of which 59.3 billion from the Recovery and Resilience Facility and 9.3 billion from the Fund. The Plan envisages “investments and reforms for the circular economy and waste management, to reach ambitious targets such as 65 percent recycling of plastic waste and 100 percent recovery in the textile sector”. In terms of “water infrastructures, with the aim of reducing losses in drinking water networks by 15 percent”.

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy