Generates more and more discontent there land registry reform on which the Draghi government is working: a similar measure, in addition to entailing an increase in housing costs, risks turning into yet another sting for the middle and lower-middle class. Now Federcontribuenti is also sounding the alarm, explaining how the reform could even lead to a collapse of the real estate market due to the increase in costs. The executive, therefore, must think carefully about its own moves.
Federcontribuenti reports a recent study, which shows that there are currently 4.5 million properties unknown to the tax authorities. The Ministry of Economy and Finance has 57 million real estate units belonging to natural persons in Italy. 19.5 million are main homes, while 13.3 million represent the related appurtenances. To these figures are added 6 million homes for rent and 1.2 million properties granted free of charge to family members or co-owners. There are also 6.3 million second homes, of which 55% are not reported in the tax returns. “If this reform of the land registry goes through, the real estate market in big cities it would collapse“, is the conclusion of Federcontribuenti in the note, reported by LaPresse. For example, “in Milan it is estimated that the IMU would increase by 174.2%, that is to say that the average Milanese who pays 2 thousand euros of IMU each year would have to pay out 3,484 with the land registry reform. So in all the big Italian cities. The land registry reform must not be the shield to hide the government’s inability to track down tax evaders“.
After all, as he remembers Taxpayers, the Imu is the most evaded tax in our country. A good 25.8% of the tax, data from the Ministry of Economy and Finance in hand, “is not paid due to a shortfall of 4 billion and 869 million euros in the three-year period 2015-2017 (latest updated data) the overall tax gap was 107.2 billion euros: 95.9 billion of lost tax revenues and 11.3 billion billions of lost contributions“.
“This is not evasion, relating to subjects unknown to the tax authorities in Italy or subjects with a name, this tax gap instead indicates the difficulty of many SMEs not only to remain open but also to pay taxes on the work we do this magical recovery of the economy. we see“, declared a LaPresse the president of Federcontribuenti Marco Paccagnella.