At its meeting on 16 March, the Council of Ministers approved the draft law delegating the Government to revise the tax system, to be implemented through the issuance of one or more legislative decrees. The text was subsequently forwarded to the Chamber of Deputies, where the work will begin.

The reform bill - which proposes to intervene both on individual taxes and on the assessment, collection and litigation procedures, as well as on penalties - aims, among other things, to reduce the tax burden, rewrite the personal taxation system, increase the degree of legal certainty, reduce litigation, improve the tax-taxpayer relationship and outline a system capable of attracting foreign capital.

The note provides an initial examination of the contents of the DDL, accompanied by some observations and food for thought.