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August stamped decree. What remains and what changes – Economy

Rome, 13 August 2020 – It was ‘Bollinato’ by the State General Accounting Office on Decree August with measures for 25 billion to address the crisis triggered by the pandemic from Coronavirus. In the final text, the number of articles rises to 115. Among the novelties, the counter-guarantee of the State against the Italian Winter Sports Federation in the event that the World Cup Cortina ski 2021, measures “in support of development and employment” of theMilitary arsenal of Taranto and then 20 million more funds for the civil service, as well as ad hoc measures addressed to off-site university students who risk losing their scholarships due to the pandemic.

The new powers remain in the provision, after the controversy Consob in the event of transfers of participation in operators of regulated markets. On the labor front, the additional weeks of Cig, as well as the blocking of layoffs, with companies they will be able to dismiss only at the end of the Covid fund, extended by 18 weeks, or of the 4 months of alternative contribution relief. Furthermore, in the technical report accompanying the dl it is explained that the already foreseen 100% contribution relief of six months for new hires and permanent transformations aim to obtain “410,500 new hires“between now and the end of the year.

And again: the tax, contributions, withholdings and VAT suspended for the months of March, April, May may be paid for 50%, without the application of penalties or interest, in a single solution by 16 September 2020 or by installments, up to 4 installments monthly payments of the same amount, with the payment of the first installment by 16 September. The remaining 50% can be paid, without penalties and interest, in installments for a maximum of 24 monthly installments of the same amount. Also expected to stop the collection of folders until October 15. Tosap and Cosap also suspended in 2020 for the occupation of public spaces.

New tranche, then, of emergency income with a one-off fee, from 400 to 800 euros, and the possibility of applying to INPS until 15 October. There also comes a Fund for the training of housewives from 3 million a year starting from 2020. There remains the dowry of 400 million to support the Italian catering, with the non-repayable grant for 100% made in Italy purchases, which 125,000 companies will be able to use to enhance “the raw material of the territory”. The amnesty for the beach concessions: bars, kiosks, restaurants, and all those commercial properties which, as they are considered difficult to remove, at the end of the first concession period have been acquired to the public state property, will be able to close disputes by paying only 30% of the amount due in a lump sum or by paying 60% in installments up to a maximum of 6 years.

Also confirmed the new powers foreseen for Consob in the event of transfers of participation in operators of regulated markets. The articles provide that anyone intending to acquire or sell shares of 10, 20, 30, 40 or 50% or control of the market operator or the company that controls it must notify Consob in advance. The Commission will also be able to assess the quality of the potential buyer and the financial soundness of the proposed acquisition.

In the full-bodied chapter ‘sanitary‘funds remain to dispose of the waiting lists for activities that have been postponed due to Covid. Even with the increased commitment of health personnel, the funds for the bonus babysitter dedicated to the category, which is now worth over 236 million euros.

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