- We have to go to Europe to renegotiate the commitments that we made
- Cannot be part of government that does not want to abolish IMU housing tax
The IMU housing tax was brought in (2011) to replace the then ICI tax. It was introduced to capture tax on foreign real estate owned by Italian residents. It also took over the ICI taxing of Italian properties owned by foreigners residing in Italy and the taxing of second properties owned.
There were some exemptions granted under ICI that were not granted under the IMU.
by Ryan Littlestone
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