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🇮🇹 Giorgia Meloni

Meloni has a big problem with the Superbonus, for banks there are heavy effects on liquidity and credit

Giorgia Meloni — WorldLeadersNews coverage
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The Italian government has postponed the use of 18.5 billion euros in tax credits, known as Superbonus, for almost a decade, potentially affecting banks and businesses.

What happened

The government has decided to divide the last tranche of Superbonus tax credits, originally scheduled for 2027, into ten equal installments, usable until 2036. This change affects 18.483 billion euros of tax credits, leaving only 2.054 billion to be used in 2027. The Italian Banking Association (ABI) has raised concerns that this measure would cause "significant negative effects on the income statements, on assets, on liquidity" for banks.

Why it matters

The postponement of Superbonus tax credits could impact the financial stability of banks and businesses, which had relied on the original deadlines. This may also raise concerns about the government's credibility in its commitments to banks and businesses. The measure could potentially lead to a dispute over the retroactive modification of economic conditions.

Key facts

  • The government has postponed 18.5 billion euros of Superbonus tax credits for almost a decade.
  • The measure affects 18.483 billion euros of tax credits, leaving 2.054 billion for 2027.
  • The Italian Banking Association (ABI) has expressed concerns about the negative effects on banks' liquidity and assets.

Topics

Publisher evidence used

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Read at thevermilion.com

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