Good news about the Italian "luxury" tax

Dear all,

nothing is better, to describe the recently approved changes to the
"luxury tax", than forwarding the newsletter issued by Europe
AirSports, an organisation representative of all the disciplines.

the full newsletter:
http://www.europe-air-sports.org/fil...2_final_1_.pdf

Aldo Cernezzi


an extract:

Following interventions by EAS at the EU Commission, and through
its Italian member Sergio Calabresi of the Italian Aero Club directly
with the Italian government [...] In view of the European dimension
of the tax, EAS has been in regular dialogue with DG Taxaud, the EU's
directorate for taxation questions. [...] In its original version, the
tax applied to all Italian registered aircraft and to visiting
aircraft if they stay in Italy longer than 48hrs. [...] As a direct
consequence of our interventions the Italian Parliament has adopted
amendments to law n.214. These extend the period after which the tax
is applied to visiting aircraft form 48 hrs to 45 consecutive days
[...] Downtime for maintenance in Italy does not count in the 45 days
calculation. In addition, the changes contain exemptions for historic
aircraft registered in Italy (older than 40 yrs) [...]
EAS would like to express its special thanks to our board member
Sergio Calabresi, who has played an important role in the very
successful negotiations with the Italian government.