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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