ABI, Patuelli “The taxation is fundamental to saving”

ROMA (ITALPRESS) – “The tax in the banking sector does not only concern banks, it concerns savings first” and “one of the factors that interests the savers is the level of taxation of investments and the deposits of their savings”. Thus the president of the ABI, Antonio Patuelli, in a video message at the conference “The taxation within the banking system and the new Single Text of Finance”, organized by the Academy of the Guardia di Finanza in Bergamo. “Once national states were with closed economies and markets, taxation in each country was a substantially independent variable. As markets have opened up and that “globalization has developed, the attention of the savers has increasingly turned towards net returns and therefore to substantial gain possibilities, on the one hand, at risk and, on the other, at taxation. So taxing is a fundamental element of savings,” he explains. “No longer being an independent variable compared to market trends, it is very important to be competitive nationally especially in the European area in taxation levels. Unfortunately, the European Union does not yet have a uniformity of taxation for investments and savings, but, until it has – and I hope not too long – it will be necessary that the national states gradually approach a homogeneization for unilateral acts of each.”.

The theme of savings will be a crucial theme in the switch between country and country or in recalling resources from one side to another to finance these developments” and “it is essential that banks have a solidity”, said instead the General Manager of ABI, Marco Elio Rottigni. “In this year’s manoeuvre I think it was a shared sense of responsibility that banks contribute,” in order to “believe in a future of well-being and growth. I believe that the sense is to give stability and create opportunities for investment, which we think is the most important part.” For this reason, “we have found a convergence on some issues. I commend the objective responsibility of the system that has found a square, through the interlocutions that have been there this year. We have done a manoeuvre for which we have covered needs of three years, we consider ourselves ‘completed’ with this budgetary law’, he concludes.

– photo IPA Agency –

(ITALPRESS).

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