The taxman in Italy is getting tougher but a real fiscal tsunami is coming.
An incoming tax storm capable of stinging Italians like never before.
The worst part is that often the taxman is happening right against the weakest. It was the site Italy today to warn against this real fiscal hurricane and many Italians could get into trouble.
A hurricane of taxes
Italy today remembers how on June 30th comes the hurricane of the taxman. The business newspaper underlines that on that date there will be as many as 61 tax obligations.
It is not a mistake: actually 61 different payments to the tax authorities will expire on June 30th. But that’s not enough: to this unprecedented sting are added another 13 obligations of various kinds. In fact, always on June 30th special declarations to be made will expire. But June 30 is also the day on which classic billing expires. In fact, from 1 July for freelancers the obligation of electronic invoicing starts. But that’s not enough.
61 taxes in one day: for many Italians it will be tough
In fact, the much controversial must also be presented on 30 June self-certification relating to aid for covid. But it doesn’t stop there. On June 30 there are also IRPEF and IRES. But there is also no VAT between the deadlines of 30 June. In fact, the 2021 VAT balance expires on 30 June. But at the end of the month also the dry coupon on leases and expire the substitute tax for those on a flat-rate basis. The list seems endless but the problem is that the taxman is very often raging against citizens who are not actually in a position to pay.
Heavy taxation and many do not make it
In fact, they are not counted companies and businesses that are in trouble. Inflation has stung many Italians who are in difficulty and consequently the harshness of the tax authorities more than replenishing the state coffers, it risks making the country increasingly fragile and more uncertain. All this at a time when Italy seems increasingly at risk of recession. And most recently, the famous economist Roubini also expressed this strong concern.
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