EC says scrapping TASI not in line with targets (2)

EU says tax burden should be shifted from income, production

(ANSA) - Brussels, November 17 - The European Commission on Tuesday criticised the decision by Premier Matteo Renzi's government to scrap property-linked local-services tax TASI in its 2016 budget bill. The government has also abolished the IMU property tax in people's first homes. "The recent decision on home taxation do not appear to be in line with the aim of achieving a more efficient fiscal structure, shifting the tax burden from production factors and others based on income," the EC said in its opinion on Italy's 2016 budget bill.
   

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