triples the amount subject to taxation

Stung on company cars assigned for mixed use (ie both for work and leisure) to employees of Italian companies. In the draft of the budget bill for 2020, the amount that contributes to the taxable income is tripled. The novelty, assuming it is approved by Parliament, would be a blow, both for employees and for the sector, in particular for long-term rental. If the measure goes ahead, in fact, the company car will become less convenient, or, indeed, it will not be for nothing, missing, as an indirect consequence, the flying effect that a rotation of 36-48 months has on the renewal of an increasingly old, polluting and relatively unsafe circulating park. Let's see what could happen with an example: if so far the fringe benefit is calculated on 30% of the value of a standard distance of 15,000 km based on the Aci tables for the car assigned to the employee (for example 15,000 km x € 0.50 = 7,500 € x 30% = € 2,250), with the new regulation the value that would contribute to the taxable income would be 100%, therefore, in the example just described, € 7,500. Taxation at 30% will remain only for cars in promiscuous use by agents and sales representatives.

The attack of Aniasa. The hypothesis "short-sighted, in sharp contrast with the indications that emerged from the table on the car chaired by the Minister of Economic Development Stefano Patuanelli last October 18 and with the commitment announced by the Government of strong support for the automotive sector" spoke Aniasa, the association of the car rental industry belonging to Confindustria. "From next year," the association warns, "over 2 million workers using these vehicles would be affected, even taxing the kilometers traveled for work purposes. Not to mention the certain repercussions on the remuneration policies of hundreds of thousands of companies of each sector ". Finally, the jab: "in this way the mobility and transport costs of Italian companies become even more burdensome, already penalized by an unbalanced taxation compared to European competitors, making the appeal to the European Commission for the immediate application of the sentence inevitable at this point of Strasbourg on the equalization of VAT regimes ". In the view of the association there is the European authorization to Italy to limit the total deduction of VAT on the company car to 40%, granted in 2016 for the fourth time as an exception to the provisions of Directive 2006/112.

In September the alarm of Cardinals (Unrae). The novelty, contained in Article 73 of the draft bill, had been in the air for some time and an intervention of this type had been taken into consideration during the drafting of the so-called climate decree, then approved without this measure on 10 October last . But already at the beginning of September the director general of the UNRAE, Andrea Cardinali, had raised the alarm on the intentions of the government in an interview with Quattroruote.it. It should be remembered that, at the moment, although the bill has been formally approved by the Council of Ministers last October 15, there is still no definitive text and the one that is circulating in these hours is only a draft. And in any case, the final match will be played in Parliament in the coming weeks.