*December 23, 2011
Italy's emergency budget plan won final approval in Parliament as Italy
struggles to tame surging borrowing costs.*
*The emergency budget is introducing also a tax on Italian registered
private aircraft and on non-Italian registered private aircraft having
spent more than 48 consecutive hours on Italian territory.*
*Private aircraft are defined to include all aircraft other than State
aircraft; aircraft dedicated to commercial flights, air work aircraft,
FTO=92s aircraft, aero clubs aircraft, newly built aircraft until sold and
rescue aircraft. Non Italian corporate aircraft operated privately would -
for example - be affected, with the tax escalating to over euro 300,000
annually for large corporate jets.*
*The tax is to be charged at the following annual rates (by reference to
MTOW): 1) up to 1.000 kg., euro 1,50 per kg; 2) up to 2.000 kg., euro 2,45
per kg; 3) up to 4.000 kg., euro 4,25 per kg; 4) up to 6.000 kg., euro 5,75
per kg; 5) up to 8.000 kg., euro 6,65 per kg; 6) up to 10.000 kg., euro
7,10 per kg; 7) above 10.000 kg., euro 7,55 per kg; For helicopters, the
tax is doubled per Kg.*
*The tax is due by the registered owner, the beneficiary or the lessee. The
technicalities regarding actual payment are to be detailed in a separate
regulation to be issued within 60 days.*
*The actual legality of the tax, especially for non-Italian registered
aircraft, is highly questionable and unless amendments or mitigating
measures are introduced within the implementing regulation, subject to
judicial challenges nationally and at EU level.
*So, based aircraft avoid it if they are in an aeroclub.
But visitors are hit. This will kill GA visits to Italy, of couse.
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