Italy: tourism social partners sign framework agreement on tax exemption for productivity wages

Federalberghi, Fipe, Fiavet, Faita, Confcommercio-Imprese per l’Italia and Federreti for employers and Filcams-CGIL, Fisascat-Cisl and Uiltucs-Uil for unions signed, on April 7th, a framework agreement on the standard territorial agreement to apply to implement the 10% tax exemption on variable pay linked wit the increase in quality and productivity, born from company or territorial agreements.  After the framework agreement in the tertiary, signed on April 6th, and the interconfederal agreement of March 8th (see our dispatch No.  110164), this agreement, which affects one million workers, is going to allow reducing the gap between labor costs and net wages, according to the signatories, since tax exemption also applies to night work, work on holidays and result bonuses.  According to the Fipe’s President, Lino Enrico Stoppani, this agreement “rewards labor and productivity and encourages more transparency between workers and employers.”  Bernabò Bocca, President of Federalberghi, pointed out that this can help reduce the negative difference between the cost of Italian touristic structures and that of other countries.