Tax Certainty

Tax certainty is a central issue for business activity, with clear implications for the competitiveness of our tax system. Fiscal uncertainty (like any other kind of uncertainty) hinders investment and growth: investment is deferred, or goes elsewhere. Too frequent changes in tax legislation entail administrative costs (changes in procedures), risks associated with the interpretation of the new rules and the likely ensuing litigation with the tax administration.

The legislative decrees implementing Delegation Law 23/2014 marked important progress: the review of abuse of the law and circumvention; the reform of criminal and administrative penalties; the revision of the roolings ; the establishment of the cooperative compliance.

Laboratorio Fiscale has started monitoring the application of these regulatory innovations. Many of the participants have direct experience with cooperative compliance, as well as the submission of roolings, the management of assessments?, the sending of notitiae criminis for abuse of law to the judicial authority, the management of criminal proceedings. Has anything changed in recent years? And if there has been an improvement, does it seem to have consolidated or are there signs of a regression? What suggestions can be made to improve the functioning of the institutions and the relationship between taxpayers and the tax authorities? Laboratorio Fiscale is engaged in a discussion with the competent institutions on these issues.