Rome

IMU tax puts hoteliers at risk, says Federalberghi

Association says establishments paying 80% more

IMU tax puts hoteliers at risk, says Federalberghi

Rome, February 13 - Hundreds, "if not thousands", of hotels in Italy risk closure due to the IMU property levy imposed last year by the technocrat government of Premier Mario Monti, hoteliers association Federalberghi President Bernabo' Bocca said Wednesday. According to Federalberghi, the association's 34,000 hotels in Italy had to pay an average of 16,850 euros, or 523 euros per room in taxes. In contrast to the previous ICI tax, the IMU is 80% higher, Bocca said. The house tax, which Monti reintroduced after ex-premier Silvio Berlusconi abolished it in 2008, has come under fire from all sides of the political spectrum. Berlusconi has vowed to abolish it and refund taxpayers if he wins the February 24-25 elections while his main rivals, including Monti, have promised to ease it.

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