Federalism: IMU from 2014 rates by November
tax on trading 3% - 7%. 25% coupon dry race from 2011
 (ANSA) - Rome, Aug 3 - The new 'council tax', provided by the implementation of fiscal federalism, will arrive 'by 2014 and will not apply' to the first houses. The rate will be 'decided by a decree within the next November 30 and municipalities can raise or lower the levy of 0.3%. Municipalities also collecting a tax on trading (3% on first homes, 7% on the second). In came the dry coupon on vacation: Scatter 'in 2011, will be' voluntary and will have 'a rate of 25%. For contracts to rent subsidized centers in high-density 'population will be taking' 20%. And 'as specified in the latest draft of the decree on fiscal federalism, municipal lands to the Council of Ministers tomorrow. The new tax will shoot 'almost immediately absorbing even the stamp duty and registration, but the owner can' decide to continue the old way 'of income tax. Also of note a 'council tax' rights which, after listening to the citizens in a referendum, municipalities may decide to incorporate the existing levies on land and on public signs and billboards. (ANSA).
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