Higher taxes for those who have redeveloped their home with the help of building bonuses, land registry incomes need to be reviewed .

The Minister of Economy Giancarlo Giorgetti announced that this is also among the reforms that Italy has included in the structural budget plan that it will present to the EU.

After the Istat review, GDP is unlikely to close this year at +1%, the minister explained, but it will not be addressed with new taxes but with "significant cuts". Not to healthcare, Giorgetti specified, who mentioned land registry income en passant in the long list of reforms that Italy is proposing to Europe to obtain the extension of the adjustment period from 4 to 7 years.

In the tax chapter, therefore , "the updating of the land registry archives" appears, on ghost houses and "with revised land registry values" for properties redeveloped with the help of public funds . Then, responding to the alarm raised by Antonio Misiani who speaks of "disruptive" news, he specifies: «It is not a question of updating to market values that the Commission asked us, it is above all a question of clarifying a rule of the last budget law that those who carry out building renovations are required to update the land registry data. We will go and verify that they have done so».

Giorgetti also returns to the recent interview on the "sacrifices" that have shaken the markets. "The stock markets have collapsed but in all of Europe", he specifies and reassures on the fears of new taxes: " Rather than increase taxes, we will cut spending, except for health spending on which we are committed to maintaining the impact on GDP ". And also on excise duties he tries to calm the spirits: the measures will be "gradual", the objective is to avoid "backlashes" for the categories.

This morning a note arrived from the League: "There will be no blow to housing" , the Carroccio reiterated.

(Online Union)

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