The Taxation of “Useful Italian extras”. Or how to tax a cow because it “gives energy”. A stupid application regulation. Whoever wrote it should be put in a position not to harm
The standard that is being built to tax extra profits was written "All'Italiana", that is, in the tradition of the worst bureaucracy and total NOT knowing how the world of the real economy, of companies, especially small and medium-sized ones, works . Because this rule is such that if a farmer has some solar panels on the cows, then he will pay the useful extras on the cow.
To understand this, we refer to Marco Cantamessa who has published two extracts from the instructions of the Revenue Agency for the application of the law
What does it mean? Let's assume that you are a farmer who raises cattle, but he has put solar panels on the stables that generate electricity regularly sold to Terna. With this rule, the extra profit is NOT calculated only on the electricity produced, but as ALL the higher profit realized in the year. So if our farmer had sold 5 more heads that year, this cattle would also become extra useful. A bestiality that penalizes the companies that, among other things, have invested to help Italy from an energy point of view.
The application regulation and the guidelines to the standard are STUPID, so stupid that those who wrote them deserve to change their job. There will be some jobs, also in the Public Administration, in which he can do less damage: for example as lighthouse keeper, accountant of ibexes in the Gran Paradiso Park. Because this norm is completely out of all logic. The program of every party, even the most extreme, should be to avoid these bestialities.
Wasn't Mario Draghi the best? How does he tolerate this? That, however, the whole rule of the extra profit is stupid: if anything, for these excess profits there had to be the obligation to reinvest to solve an energy crisis which, instead, will last forever.
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The article The Taxation of “Italian-style Extra Profits”. Or how to tax a cow because it "gives energy". A stupid application regulation. Who wrote it should be put in a position to do no harm comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/la-tassazione-degli-extra-utili-allitaliana-ovvero-come-tassare-una-mucca-perche-fa-energia-un-regolamento-applicativo-stupido-chi-lha-scritto-dovrebbe-essere-messo-in-condizione-di-non/ on Fri, 24 Jun 2022 20:06:57 +0000.