When the fiscal reform promoted by the government and led by the Deputy Minister of Economy Maurizio Leo was launched, the aim was to eliminate all micro-taxes, including the super-tax levied on high-powered cars.
However, despite initial promises, the abolition of the super-tax seems to be on hold for now.
Although the elimination of the super-tax was clearly stated in the fiscal mandate, it did not materialize in this phase of the fiscal reform.
The main reason behind this delay is the lack of funds.
At the moment, the government is not financially equipped to abolish or reduce the super-tax.
As an alternative, the option of redistributing the tax burden among vehicle owners has been proposed.
Last year, there was hope for the swift abolition of the despised extra charge on high-powered vehicles, but this hope was dashed when the approval of the Economic and Financial Document did not include any provision for the abolition of the tax.
Maurizio Leo reassured car owners by announcing that the abolition of the super-tax would be addressed through implementing decrees of the fiscal reform law.
However, until the necessary resources are secured, owners of high-powered cars will still have to pay the extra charge.
Considering that the super-tax brings in €100 million annually, substantial financial resources are needed for its abolition.
The road to eliminating the super-tax is challenging, especially when taking into account the financial commitments of the Budget Law 2024.
For those wondering when the super-tax will finally be abolished, the answer remains uncertain: it will happen only when the required financial coverage is ensured.
For further information on the topic, you can read more here.
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