Public consultation - stabilization fund for tax revenues in its financial report - CONSOB AND ITS ACTIVITIES
Consob launched a public consultation with its supervised subjects to know their opinion about the institution in its budget of the chapter "Stabilization fund for tax revenues", as to guarantee a systematic stabilization of its market financial revenues.
Consob financing system, as it is known, is based on the article 40, paragraph 3, of law no. 724/1994, whose prescription is to estimate on a yearly base the amount of tax revenues linked to contributions, due by the supervised subjects to Consob. The institution of such a chapter in the budget aims at obtaining more balanced yearly forecasted programmed tax revenues, also through a higher stabilization of the contributions paid by the subjects to Consob.
Answers to the consultation will have to be received by Consob before April 30 next.