In the reformulated text of the fiscal delegation that embodied the amendments expected to be voted on from June 14 in the Finance Committee in the Chamber, the idea of fiscal cashback also finds space: but with a series of non-trivial constraints for its implementation.
What does the last text foresee
The so-called fiscal cashback is, in practice, the possible transformation of a series of deductions into direct reimbursements on the taxpayer’s current accounts, who in this way would immediately obtain the bonus without having to wait for the declaration of the following year. The idea, the workhorse of the Five Stars, is specified in Article 2, letter c-bis of the last text, which provides for the “gradual transformation” of some deductions into “reimbursements paid directly through widespread telematic platforms”. In order to embark on this fast track, the tax rebate must relate to “traceable purchases of specific goods and services”. The delegation says more, and explains that this mechanism should give “priority to expenses of a social and health nature”, as requested in particular by Leu.
The 19% deductible charges are at stake
At stake there would therefore be the classic 19% deductible charges with which the Tax Authority offers partial protection to the costs of medical examinations or the purchase of medicines, in a panorama that could, however, also include university or high school enrollments. artistic and musical training, insurance premiums or donations, also discounted at 19 per cent. Taken together, these items accumulate 5.26 billion discounts which in 2020, the last year with the data available, were used by 21.1 million Italians for an average of 250 euros each.
Large audience
The audience of interested parties is therefore enormous, one tax payer every two. But this evolution of the tax authorities appears far from obvious. And the delegation itself explains why.
The change of skin of the deductions, which will also require a considerable organizational effort from the financial administration, must take place “without additional burdens for public finance”. And it’s not that simple. But the main obstacle is another.