We go back to talking about the iniquity fee on sport cars the much hated super stamp. Already in the past many political forces had proposed the abolition of this tax which since 2012 has practically eliminated the sports car market in Italy. Perhaps this time after so much noise there is the concrete possibility of a abolition, on the occasion of the next tax reform on the agenda at Draghi government at the end of 2021. The indications are to clean up a series of taxes that generate little income with high management costs for the Treasury.
The Superbollo
The super stamp was initially introduced by the Berlusconi government for vehicles with powers higher than 225 Kw but later the Monti government in 2012 brought the threshold to the current ones 185 kW (20 euros for each additional kW).
Super-stamp abolition in the tax reform at the end of 2021?
Never like this time, at the end of 2021, the abolition of the super-tax could be very topical with the tax reform that the Draghi government. Among the taxes under discussion is the hated Superbollo, which it produced lower revenues for the state coffers, compared to management costs.
The super stamp was a failure total. If compared to the stamp duty, which is collected locally, the super stamp together with the bureaucratic procedures is collected by the state which between 2012 and 2019 collected almost 903 million euros from this tax, or about 113 million on average per year.
In anticipation of the tax reform now the Finance Committee of the House and Senate must evaluate whether or not to keep the Superbollo alive. This tax, which only caused damage to the car market, is in fact part of the so-called category “Micro taxes”, or taxes that contribute overall less than 0.1% of tax revenues.
Why is there super tax on sports cars in Italy?
But why is there the Superbollo in Italy? This tax (yet another) forces sports car owners to pay 20 euros for each kW of power greater than 185 kW. A nice salty bill that is added to the car tax, one of the most expensive in all of Europe.
After the fall of the Berlusconi government the technical one led by Monti changed the cards on the table raising the tax to the current ones 20 euro, which starting from 1 January 2012 have had to pay over 185 kW of power. The super stamp should have brought more than 150 million euros but the collapse in registrations resulted in an overall loss of around 140 million euros and job losses.
The magazine ELABORARE in 2014 had collected over 5,000 signatures, with a online petition against the superage stamp, delivered to the IX Commission of the Chamber of Deputies and subsequently also the Minister Maurizio Lupi had tried to put an end to this dishonest tax with a bill.
Superbollo, when will it be abolished?
The superbollo despite the bad results produced so far has been an entry to which the State Accounting he did not want to give up. On balance this was a safe entry mind the negative effects of VAT and declining sports car sales are just theoretical.
Superbollo is a lampatane example of how Italian politics can be far from reality. The possible abolition would therefore represent a common sense, although supporters of the electric mobility at any cost they would turn up their noses.
If the super stamp was abolished at the end of 2021, it would also be a signal for the recovery of the sports and luxury car sector.
The first Conte government to discourage the purchase of large cars it has also introduced theEco-tax, giving a further blow to a sector in crisis and overwhelmed by competition from other European countries (see Germany), where sports cars are not a nuisance but rather a resource which generates revenue and above all jobs.
For example the Mercedes-AMG GT R motorized with the 4 thousand 585 hp twin-turbo engines in Germany pay less than 500 Euros while in Italy it comes to pay 7,000 euros (5,000 Euros of super stamp only plus the € 1,694 stamp duty).
Action should be taken at the European level to uniformly level the car tax within the countries that are part of it. Intano the possible abolition of the super-stamp would be a step towards normality and common sense.
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