The Italian Banking Association (ABI) recently presented a detailed analysis of the economic maneuver, highlighting that the postponement of the use of advance taxes (DTA) could generate a total revenue of 4 billion euros. This measure, destined to influence the contribution of banks, raises questions about its economic impact.
According to ABI, the maneuver includes mechanisms that postpone tax recovery on income components that are already deductible. This approach entails a cost for banks and, more generally, for the economy. The association emphasizes the need to clarify the rule that requires the presence of representatives of the Ministry of Economy and Finance (MEF) in the audit committees of companies benefiting from public funds.
Abi suggests that explicitly excluding private entities from the scope of the rule could prevent possible legal ambiguities. Furthermore, the obligation for private companies to comply with spending containment measures could raise questions of constitutionality.
The abolition of the ACE has impoverished the tools available to businesses, according to ABI. The association hopes for its reintroduction because mechanisms such as the ACE can promote:
The association argues that it is essential to maintain the current operational capacity of the Fund and confirm the regulation introduced with the Anticipi Decree to ensure its continuity in supporting businesses. An adequate refinancing for 2025 is considered equally crucial.
In an uncertain economic context, political choices regarding taxation and business aid will be crucial for the future of the banking system and the Italian economy. The ability of institutions to adapt to these challenges will affect not only the financial stability of companies, but also the overall growth of the country.
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