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Saccomanni says new property tax to be federal in nature

Replacement for IMU to be 'managed in suburbs'

08 January, 19:32
Saccomanni says new property tax to be federal in nature (ANSA) - Rome, January 8 - Economy Minister Fabrizio Saccomanni said Wednesday the government hopes to make the new taxes on municipal services that has replaced the IMU "truly federal in nature".

In comments to the Senate, Saccomanni said the new tax, which replaces the hated IMU property tax, will still be "managed in the suburbs" but under the direction of a central authority.

The government also wants to make some changes to the administration of the new tax, but the minister said it would not affect the amount levied on property.

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