The issue of standard costs is at the centre of Calderoli Bill (A.C. n. 2105), which shall implement the article 119 of the Italian Constitution. In this respect, it should be noted that in economics several formulations of the abovementioned concept of standard cost have been proposed, all of...

This paper analyzes the taxation policies of Italian Municipalities during the period 2007-2012. It attempts, in particular, to examine to what extent the financial decisions of these governing bodies were affected by the reforming process, still in progress, of the funding system of local...

In the current situation, the structural effects of the Italian Domestic Stability "Pact" must be carefully considered. Such effects are "pro-cyclical": they worsen deflation that, after 2008 depression, is nowadays markedly ongoing. The statistical analysis already carried out shows a clear...

The term «federalism» has not a unambiguous meaning: this involves a specific definition within each context we want to apply it. In the Italian case, such a definition results from the specifications of the art. 119 of the Constitution, paragraph 1-5, contained in the enabling act 42/2009....

This paper deals with two main issues: debt sustainability, meant as specificallyproposed in this paper, and the effects of debt decumulation for variousterritorial communities, in particular for the weak areas of Italy (the Mezzogiorno).The sustainability refers to the effects of governmental...

Recent attempts of "regionalizing" the VAT, in order to expand fiscal autonomy margins attributed to Regions and to involve them in the hard struggle against tax evasion, strongly urge some considerations on some of the changes introduced in the Italian legal system by the 2001 constitutional...

With regard to Region finance - particularly, as to the determination of «essential expenses» referable to the obligation specified in the letter m), 2nd paragraph, of the article 117 of the Italian Constitution - in the «Enabling Law on Fiscal Federalism » (Law n. 42 of 5 May 2009), the...

Interjurisdictional Differentials and their Effects; State and Local Borrowing The paper puts forward, using an extensive documentation included in the «Report 2011 on the Municipal Finance» (293 pages, 70 tables), a crucial issue: in Italy was actually made a Municipal Finance Reform, defined...

Inside the actual Italian system of the finance of Italian Municipalities the ICI has a double function: allowing the Municipalities to be fiscally independent, by means of the faculty they have to modify its tax rate and its deductions, as well as the way to manage it and, according to article...