The Canton of Ticino blocks over 50 million restaurants in Lombardy (cross-border guide)

Context

The State Council of the Canton of Ticino announced that it had cautiously suspended half of the Lombard quota as a reaction to the "health tax". No block for Piedmont, which did not apply the measure. The decision was announced at a press conference by the President of the Ticino Government Claudio Zali, together with colleagues Christian Vitta and Raffaele De Rosa.

The measure, introduced by the Lombard Government to finance public health, provides for a tax of 1.5% on invoices issued by health professionals. However, the State Council of the Canton of Ticino decided to suspend the Lombard quota, equivalent to about 50 million francs, in reaction to the measure. The decision was taken after a meeting of the State Council, at which the possible consequences of the measure on Ticino companies were discussed.

The suspension of the Lombard quota does not imply a total blockage of payments, but rather a moratorium on payments until the matter is resolved. The State Council of the Canton of Ticino has decided to suspend payments for a period of 30 days, at the end of which the situation will be assessed and the next move decided.

The President of the Ticino Government, Claudio Zali, explained that the decision was taken to protect Ticino companies from the possible consequences of the measure. "The suspension of the Lombard quota is a temporary measure to protect Ticino companies from

Operational details

The Lombard portion of the refreshments is 100,442,354 francs, while Piedmont will receive 8,668,106 francs. The Council of State decided to suspend 50,221,177 francs, corresponding to half of the Lombard share. No suspension is foreseen for Piedmont.

The decision was taken following the request for suspension of the refunds presented by the Canton of Ticino, which had expressed concerns about the management of the funds by Lombardy. Lombardy had already received an amount of 50,221,177 francs, representing half of the total quota allocated to the Canton. The State Council has decided to suspend these funds, pending further information and clarification on the management of the restaurants.

The decision of the Council of State was taken into consideration the regulations in force regarding refreshments. The Federal Law on the cantons' own resources, adopted on 20 December 2019, stipulates that the cantons must use the allocated funds for specific purposes, such as the construction of infrastructure and the management of public services. Lombardy had received 100,442,354 francs for the construction of an infrastructure project, which includes the construction of a new motorway.

The Canton of Ticino expressed concerns regarding the management of the funds by Lombardy, arguing that not enough information was provided on the management of the refreshments. The Council of State decided to

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Key points

The resulting payment is therefore divided as follows: 50,221,177 francs will be paid to Lombardy, while the entire amount of 8,668,106 francs will remain unchanged to Piedmont. The total payment to Italy amounts to 58,889,283 francs, compared to the 109,110,460 originally planned.

The decision of the Canton of Ticino to block restaurants in Lombardy has created a vacuum of over 50 million francs. This vacuum results in a collapse in money flows to the Italian region, which expected to receive a share of 109,110,460 francs. The Canton of Ticino, which accounts for 9.9% of Swiss GDP, has decided to block refills due to the financial problems that are afflicting the country.

The payment of 50,221,177 francs to Lombardy represents only 46% of the originally planned share. This money vacuum could have negative consequences on the region's economy, which was expected to receive significant financial support. On the contrary, Piedmont will continue to receive the share of CHF 8,668,106, unchanged.

The decision of the Canton of Ticino to block restaurants in Lombardy was taken into account in the current economic context. The financial crisis that is afflicting the country has led to a reduction in money flows to Lombardy. The Canton of Ticino, which accounts for 9.9% of Swiss GDP, has decided to block restaurants to avoid exposing its

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Source: varesenews.it