Home taxes, a blow coming with the land registry reform?

Will the land registry reform cause a sort of blow to housing? This is what many taxpayers fear given that the effects of a land registry reform could affect the calculation of home taxes.
The cadastre reform has been on the cards for several years now.
Already last year it was expected, if no problems arose, that it would come into force in 2024.
Changes in this area are clearly necessary, the last revision of the land registry, in fact, was over 40 years ago and the objective of each successive government has always been to implement this reform.
It was thought that the good year to see it come into force was 2024, but we will probably have to wait either next year or the year after for the upcoming changes to see the light.
In the meantime, however, those who own a property are starting to worry because one of the objectives of the reform is to make the house tax system more efficient and at the same time review the cadastral survey system, bringing the cadastral income of properties to the value market (and this would therefore lead to an update of the same, most likely upwards).
Let's see what the land registry reform entails and what the incoming house blow could be.
Home taxes, a blow coming with the land registry reform? As usual, the intent of the reform is to combat tax evasion, which in fact reaches very high levels in the home sector.
We must be careful, however, not to punish honest citizens with an increase in IMU.
The aim would actually be to achieve a fairer system.
The reform would provide for the redetermination of the intended uses of the various properties, distinguishing them between ordinary and special, while those covered by cultural heritage would belong to a separate category.
Furthermore, it would also be essential to update the cadastral values in order to make them more consistent with current values.
Real estate databases must therefore be constantly updated with information from the tax return, always with a view to fairer taxation.
read also Imu 2024, guide to house tax: who pays, how much and deadlines Land registry reform, what would change? Another change in view of the cadastral reform concerns the unit of measurement, with the transition from the space to the square meter.
What changes? When determining the asset value of ordinary properties, the square meter would be used, specifying the criteria for calculating the surface area of the real estate unit.
The cadastre reform would then address another burning issue, that of ghost properties.
The Revenue Agency has created a new cadastral mapping of real estate assets, developed in recent years, and which includes the entire national territory.
read also More taxes on homes and inheritances, the OECD recipe for reducing income taxes Sting on the home with the land registry reform? It is not foreseeable how and if house taxes will increase with a land registry reform that provides for the announced changes.
An impact from a tax point of view, obviously, would only occur with the updating of the cadastral income, which would increase by having to adapt it to market values.
However, we are not aware of how much house taxes would increase because the increase in income could vary from city to city but also from municipality to municipality.
There was talk of an average increase in cadastral income of 128%, but it is obvious to assume that the highest peaks will be recorded in large cities such as Rome and Milan and not in small municipalities.
There will be differences based on the region of residence and to consider the impact of the reform on taxation, the area of residence must also be taken into account.
Obviously, already talking about an impact on the IMU (which there will be, in any case) of the cadastre reform appears premature.