Here we go!
Not one day has passed and already the in house disagreements are staring.
Italian PM Letta made his bold speech yesterday highlighting that all of Italy’s
EU commitments will be met.
More from Mr Bunga-bunga

  • 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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Thank you forexlive.com
Cheers
Will

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