Italo Volpe, head of the Legal Office of the Treasury Ministry, responding to a letter Yesmoke sent, communicated that the regulation of the minimum price “will be abrogated as soon as possible due to the recent sentence of the European Court of Justice”, but he skipped mentioning the ridiculous “minimum tax” that will cancel out any benefits of the abrogation.
How can the professor support the measure of the undersecretary of Finance, Alberto Giorgetti, Gianfranco Fini’s man, giving this answer of a typical paper-pusher? Italo Volpe is not directly responsible for the operation of Giorgetti, but in this way he becomes his accomplice. Read more »
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The “tassa minima” — minimum tax — on cigarettes, a product of Gianfranco Fini’s supporters of “Fare Futuro”* is the only tax in the world that is absolutely impossible to pay.
It all started in early July with British American Tobacco; the company brought down its prices of Lucky Strikes and Rothmans by 20 cents.
“On this question, - the AAMS points out - article 39quater, parag. 2 of legislative decree 26 October 1995, no. 504, and subsequent amendments and integrations states that requests of this nature must be accompanied, in relation to the sales volumes of each product, by a report representing the economic and financial consequences of the proposed variation”.
The latest sting, called «tassa minima» - minimum tax - is a tax on cigarettes that no one will pay. For the joy of Big Tobacco, the added income for the State will be zero.
The “minimum tax” on cigarettes, outlined in law decree D.L. 94 dated 23/6/2010, will not bring the increase in fiscal revenues the Government is expecting.