The cabinet on Wednesday examined a
decree adding school construction as one of the beneficiaries
of Italy's so-called 8 x 1,000 personal income tax devolution.
Under the 8 x 1,000 system, Italian taxpayers can choose to
devolve a compulsory 0.8% ('eight per thousand') from their
annual income tax return to an organised religion recognised by
Italy or, alternatively, to a social assistance scheme run by
the Italian State.
The decree would add "school renovations, upgrades and
improvements" to the list, which also includes fighting world
hunger, natural disaster assistance, refugee aid, and cultural
heritage conservation.
In addition, taxpayers can choose to devolve 0.5% or "five
per thousand" of their annual personal income tax to a charity
or NGO of their choice.
Lawmakers in May approved a package by Premier Matteo Renzi
aimed at reducing housing shortages and boosting the struggling
construction sector, which included investment in school
buildings in support of economic recovery.
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