General Data
Name of instrument Municipal Tax on Estates (ICI - Imposta Comunale sugli Immobili)
Country IT
Spatial level local
Type Economic instruments
Subtype Steering taxes
Description Introduced in 1992, it has become a major source of income for Italian municipalities. It applies to buildings and plots of either cropland or building land. It is calculated as a fixed quota over the estate value; every municipality determines the amount of the fixed quota to be applied within its own municipal boundaries.
General objectives Re-introduction of some elements of fiscal independency for local governments.
General objectives keywords municipal budgets; real estate tax;
Responsible Local authority/Municipal council
Stakeholder Involved others;
Reference http://it.wikipedia.org/wiki/Imposta_Comunale_sugli_Immobili
General assessment of strength and weakness Strength: Being a local tax, collection should be eased and evasion minimized.
Weakness: It has quickly become unpopular, especially since no distinctions are made between main residence homes and vacation or other houses.
Metadata
Date of entry 2007/04/09
Implementation
Legal status mandatory
Extension all municipalities
Comment
Type of monitoring Report basing on quantitative indicators
Characteristics
Preconditions for implementation
General comment
Assessment
Relevance
Status weak indirect relevance
Ranking 1
Remark no direct steering effect for land ressource management
Acceptance
Status -
Ranking 0
Remark no information about acceptance
Implementation
Status -
Ranking 5
Remark -
Feasibility
Status Legislation
Ranking 5
Remark -
Effectiveness
Status Direction of effect, acceptability
Ranking 2
Remark -