commission on fiscal imbalance 合集

The remark in section 6 of the special act of july 13

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: t been modified in any way. 59 The tax base in respect of estate tax and inheritance tax has been officially regionalized. Duties on gifts, over which the regions now exercise complete jurisdiction and from which they receive all revenues, have also been added. 58 59 212 Sections 5 and 6 of the special act of July 13, 2001 amending sections 3 and 4, respectively, of the special financing act. In actual fact, the regions already enjoyed relative freedom with respect to the establishment of the tax base stemming from their jurisdiction over exemptions (cf. supra). Commission on Fiscal Imbalance TABLE 4.3 JURISDICTION OVER REGIONAL TAXES UNDER THE LAMBERMONT AGREEMENT Regional taxes Base Rate Exemption Revenues Tax on gambling and betting Regional Regional Regional 100% regional Tax on automatic amusement devices Regional Regional Regional 100% regional Tax on the opening of drinking establishments Regional Regional Regional 100% regional Estate tax and inheritance tax Regional Regional Regional 100% regional Duties on gifts Regional Regional Regional 100% regional Real estate tax Regional Regional Regional 100% regional Registration fees on the transfer for payment of real property Regional Regional Regional 100% regional Mortgage registration fees Regional Regional Regional 100% regional Road fund tax on automobiles Regional Regional Regional 100% regional Regional Regional Regional 100% regional “Regional” “Regional” Regional 100% regional Vehicle registration fees Eurovignette Ecotaxes Federal Federal Federal 100% federal Radio-TV fee Regional Regional Regional 100% regional The only change in the real estate tax concerns the tax base. The regions have the possibility of defining their own tax base in respect of the real estate tax and of substituting it when calculating the tax for federal cadastral revenue. At the same time, the cadastral revenue established by the federal government will always be in force as regards the calculation of taxes other than the real estate tax, in particular, personal income tax. Each property may, therefore, have two separate, fictitious rental values, i.e. one set by the region, used as the base for the (regional) real estate tax and piggyback (communal) taxes, and the other, the cadastral revenue set by the federal government used as a base to calculate personal income tax, the tax on non-residents, and corporation tax. Broader regional autonomy thus engenders a sacrifice from the standpoint of the administrative cost of calculating the tax due. The remark in section 6 of the special act of July 13, 2001 stipulates that, with respect to administration of the assessment roll, a compulsory cooperation agreement must be concluded between the region(s) and the federal government covering the joint management of patrimonial documentation data in order to maintain a centralized database that is as complete and consistent as possible. Registration fees on the transfer for payment of real property have been completely regionalized (tax base, tax rate and exemptions), and the regions now receive the 52% of the revenues previously reserved for the federal gove...
View Full Document

This note was uploaded on 03/06/2013 for the course ECON 220 taught by Professor Paulo during the Spring '13 term at University of Liverpool.

Ask a homework question - tutors are online