Forecast Budgets Of The State And Of Public Bodies To The Financial Year 2008 Financial And Recurring 2008/2010

Original Language Title: Bilanci Di Previsione Dello Stato E Degli Enti Pubblici Per L'esercizio Finanziario 2008 E Bilanci Pluriennali 2008/2010

Read the untranslated law here: http://www.consigliograndeegenerale.sm/on-line/home/archivio-leggi-decreti-e-regolamenti/scheda17016216.html

Microsoft Word - D129-2007.doc SAN MARINO We the Captains Regent of the Most Serene Republic of San Marino Having regard to Article 4 of the Constitutional Law no.185 / 2005 and Article 6 of Qualified Law n.186 / 2005; Promulgate and publish the following ordinary law approved by the Great and General Council at its meeting on December 20, 2007 December 21, 2007 129 LAW BUDGET ESTIMATES OF THE STATE AND THE PUBLIC FOR THE FINANCIAL YEAR 2008 FINANCIAL STATEMENTS AND DEFERRED 2008/2010 Art .1 (Budget of the State Forecast) in accordance with Article 18 of Law 30 of February 18, 1998, approved, in terms of competence, the balance of the State forecast for the financial year 2008 (Appendix "a") : State Forecasting the Entry Title 1 - tax revenues € 602,675,300.00 Title 2 - revenue extratributarie € 64,837,040.00 Title 3 - alienation, depreciation of assets and debt repayments of € 6,961,000.00 Title 4 - revenue generated by the lighting of mortgages € 12,724,349.15 Title 5 - Matches around € 38,446,000.00 Total € 725,643,689.15 State General revenue Forecast of Output Title 1 - Ongoing charges € 619,362,272.52 Title 2 - capital expenditures € 59,197,350.00 Title 3 - Repayment of loans € 8,638,066.63 Title 4 - Lots of around € 38,446,000.00 Total General expenses € 725,643,689.15 Art.2 ( dell'AASFN of the budget) in accordance with Article 18 of Law 30 of February 18, 1998, approved, in terms of competence, the financial statements of the Company's forecast of Autonomous Philatelic-Numismatic State for the financial year 2008 ( Annex "B"): Country Forecasting the Entry Title 1 - current revenue € 6,526,000.00 Title 2 - extraordinary revenue € 5,000.00 2 Title 3 - capital movements € // Title 4 - special Accounts € 17,245,000 00 Title 5 - Matches around € 1,758,200.00 Total € 25,534,200.00 State General revenue Forecast of Output Title 1 - current expenditure € 5,954,000.00 Title 2 - Exit capital € 100,000.00 Title 3 - capital movements € 477,000.00 Title 4 - special Accounts € 17,245,000.00 Title 5 - Matches of around € 1,758,200.00 Total General Expenses € 25,534,200.00 Art.3 (of the Budget of 'AASP) pursuant to Article 18 of Law 30 of February 18, 1998, approved, in terms of competence, the financial statements of the Company's forecast of Autonomous Production State for the financial year 2008 (Appendix "C") : State Forecasting the Entry Title 1 - current revenue € 29,380,000.00 Title 2 - capital revenue € 5,000.00 Title 4 - Special Accounts € 1,000,000.00 Title 6 - Lots of around € 12,955,700.00 Total € 43,340,700.00 State general revenue Forecast of Output Title 1 - Ongoing charges € 11,000,000.00 Title 2 - extraordinary expenses € 18,185,000.00 Title 3 - capital expenditures € 200,000.00 Title 5 - Accounting Special € 1,000,000.00 Title 6 - Lots of around € 12,955,700.00 Total € 43,340,700.00 General Releases Art.4 (dell'AASS of the Budget) in accordance with Article 18 of the Law of 18 February 1998 30 is approved, in terms of competence, the financial statements of the Company's forecast of Autonomous State for public Services for the financial year 2008 (Appendix "D"): Country Forecasting the Entry Title 1 - current revenue € 67,091,000.00 Title 2 - capital movements € 9,752,000.00 Title 3 - Special Accounts € 1,855,500.00 Title 4 - Lots of around € 1,094,356.00 Total € 79,792,856.00 State General revenue forecast of Output Title 1 - current expenditure € 59,934,000.00 Title 2 - Movements of capital-capital expenditures € 8,999,000.00 Title 3 - Special Accounts € 5,610,000.00 Title 4 - Lots of around € 1,094,356.00 Total General Expenses € 75,637,356.00 3 Art.5 (CONS of the Budget) in accordance with Article 18 of Law 30 of February 18, 1998, approved, in terms of competence, the balance forecast of San Marino National Olympic Committee for the 2008 financial year (Annex "E"): Country forecasting the Entry Title 1 - ordinary revenue € 4,835,000.00 Title 2 - extraordinary revenue € 300,000.00 Title 3 - revenue various € 260,500.00 Title 4 - Lots of around € 130,000.00 Total € 5,525,500.00 State General revenue Forecast of Output Title 1 - current expenditure € 5,124,500.00 Title 2 - extraordinary expenses € 170,000.00 Title 3 - expenses not allocable € 6,000.00 Title 4 - capital expenditures € 95,000.00 Title 5 - Repayment of loans € // Title 6 - Matches around € 130,000.00 Total General expenses € 5,525,500.00 Art.6 ( ISS Forecasting budget)
In accordance with Article 18 of Law 30 of February 18, 1998, approved, in terms of competence, the forecast balance of the Institute for Social Security for the financial year 2008 (Appendix "F"): State of Forecasting 'Entry Title 1 - current revenue € 263,089,300.00 Title 2 - capital revenue € 260,000.00 Title 4 - Lots of around € 13,948,000.00 Total € 277,297,300.00 State General revenue Forecast of Output Title 1 - current expenditure € 264,642,900.00 Title 2 - Exit capital € 1,730,000.00 Title 3 - Lots of around € 13,948,000.00 Total General Expenses € 280,320,900.00 Art.7 (Budget Forecast University of) Article 18 of Law 30 of February 18, 1998, approved, in terms of competence, the forecast balance of the University for the financial year 2008 (Appendix "G") : State Forecasting the Entry Title 1 - ordinary entrance € 2,720,000.00 Title 2 - extraordinary entrance € 2,048,470.00 Title 3 - Entry into the capital account € 881,530.00 Title 4 - Lots of around € 400,000.00 4 Grand total revenue € 6,050,000.00 State Forecast of Output Title 1 - current expenditure € 5,410,000.00 Title 2 - Expenditure capital € 240,000.00 Title 3 - Matches around € 400,000.00 total General expenses € 6,050 .000,00 Art.8 (Budget Forecast Autonomous State Company Centrale del Latte) in accordance with Article 18 of Law 30 of February 18, 1998, approved, in terms of competence, the Autonomous Company's Annual Forecast Centrale del Latte for the 2008 financial year (Annex "H"): State costs Total € 2,467,725.00 € 2,494,803.00 Total Revenues Net Earnings expected € 27,078.00 Art.9 (of the Budget of 'Authority for Civil Aviation and Maritime Navigation) pursuant to Article 18 of Law 30 of February 18, 1998, approved, in terms of competence, the Authority's Annual Forecast for Civil Aviation and Navigation maritime for the financial year 2008 (Appendix "I"): State Forecasting the Entry Title 1 - revenue Ordinary € 371,400.00 Title 2 - Extraordinary revenue € 35,000.00 Title 4 - Capital Movement € // Title 5 - Matches Giro € 31,800.00 Total € 438,200.00 State General revenue Forecast of Output Title 1 - Ongoing charges € 381,200.00 Title 2 - Expenditure on Capital Account € 15,200.00 Title 3 - Movements of capital € 10,000.00 Title 4 - Matches Giro € 31,800.00 General Expenses Total € 438,200.00 Art. 10 (Report of the Games of the Ente State Forecasting) pursuant to Article 18 of Law 30 of 18 February 1998 and Article 10 of law 143 of 27 December 2006, was adopted, in terms of competence, the balance of the Ente Forecasting of State for the financial year 2008 Games (Annex "L"): Country Forecasting the Entry Title 1 - revenue Ordinary € 283,000.00 Title 2 - Extraordinary revenue € // Title 4 - Capital € Movement // Title 5 - Matches Giro € 28,900.00 Total € 311,900.00 5 State General revenue Forecast of Output Title 1 - Ongoing charges € 259.000,00 Title 2 - Expenditure on capital account € 24,000.00 Title 3 - Capital Movements € // Title 4 - Matches Giro € 28,900.00 General expenses Total € 311,900.00 Art.11 (Multiannual Financial) in accordance with articles 2 and 34 of Law 30 of 18 February 1998 are approved, in terms of competence, the following multi-year financial reporting for the 2008/2010 three-year period: 1) Multi-annual State Budget (Attachment "M"); 2) Multi-year financial statements of the Company Autonomous State Philatelic-Numismatic (Appendix "N"); 3) Multi-year Budget of the Autonomous State Production Company (Annex "O"); 4) Multi-year Budget of the Autonomous State Company for Public Services (Annex "P"); 5) Multi-annual Financial Statements of the San Marino National Olympic Committee (Annex "Q") 6) Multi-annual Financial Statements of the Institute for Social Security (Annex "R"); 7) Multi-annual Financial Statements of the University (Appendix "D"); 8) Multi-year Budget Authority for Civil Aviation and Maritime Navigation (Annex "T"); 9) Multi-year Budget Entity of the Games State (Annex "U"). Art.12 (Commitment, validation and payment of expenditure) are authorized commitment, liquidation and payment of the corresponding costs of each output section of the State Budget Forecast. Multiannual expenditure continuing or recurring, subject to the annual limit of appropriations, they may also be authorized on future years in accordance with Articles 10 and 34 of Law 30 of February 18, 1998. With the approval of the Budget automatically means authorized and engaged the
compulsory expenditure due to the salary expenses of the staff, for the mortgage amortization installments, interest and related charges, following the execution of contracts or of the law, attached hereto as Exhibit "V". Art.13 (Assessment, collection and payment of the revenue) are authorized - with the possibility of adjusting the revenue - the assessment, collection and payment of taxes in the state treasury, taxes, income, contributions and any other income attributable to the State. Art.14 (reserve funds Breakdown) The Congress of State is empowered to distribute, through a resolution, in the relevant chapters, and between the same funds, funds of Chapters 03.01.2470 "Reserve Fund expenses unexpected "01/03/2480" reserve Fund compulsory expenditure "and 03.01.2490" intervention Fund "to bind and in subsequent years, subject to their destination, the availability unused. 6 Art.15 (Change Matches Giro) The Congress of State is authorized to issue, by its deliberations, the necessary changes in the items of expenditure in the Giro games, in close correlation with the findings on the corresponding chapters of entry and within the limits Override the investigations themselves. Art.16 (AASP works programs) in the budget framework provided on 2-4-6440 chapter "of AASP Endowment Fund for investments" is the sole responsibility of the State Congress to define the maintenance work - extraordinary and execution of works which must provide public - directly or indirectly - the Autonomous State of Production Company. The chapter in which the upper paragraph will indictment also charges for the final design of the works defined by the State Congress. The Congress of State also has the provision of monthly dues of the allocation of Endowment Fund for labor due to the aforesaid Company, established under Chapter 04/01/2590 and 2-4- 6443. Art.17 (Transfers to ' AASFN) the Congress of State is authorized to provide all'AASFN advances, including periodicals, to account, on the basis of annual special agreement which is to be defined the program of philatelic and numismatic for 2008, its estimated cost and the 'premium collection agreed for the sale of philatelic and numismatic values. The AASFN is authorized to collect, on behalf of the Treasury Service of the State and the Administration of Posts, the proceeds from the sale of circulating coins and stamps for postal use at face value, with the obligation to provide at least quarterly to payment to the Treasury of the sums collected, to be charged on sections 940 and 950 of the State Budget Forecast. Remains entrusted, for the financial year 2008, the all'AASFN of phone cards emissions management, including all the related loading and accounting. Art.18 (Transfers CONS) The Congress of State is authorized to provide for advances, the contribution for the year 2008 of € 4,835,000.00 to CONS for in Article 8 of the Law March 13, 1997 # 32 . Art.19 (subsidized Convenzionamenti for agriculture) The Congress of State is authorized to have an agreement for 2008, with the banks available for the provision of low-interest loans referred to Laws 22 and 11 March 1981 September 20, 1989 96, up to the total amount of € 2,000,000.00, through the statement of expenses will be borne by the state, even for previous loans, the applicable expenditure. Art.20 (Convenzionamenti subsidized for businesses) In application of Law 13 of January 28, 1993 and subsequent amendments and additions and the access criteria laid down in Article 60 of Law 172 of 16 December 2004, the State Congress 7 it is allowed to have an agreement for 2008, with the banks available for the granting of soft loans to businesses, up to the total amount of € 4,000,000.00, charged to the State interests, even for the previous loans, chapter 2-5-7220. Art.21 (subsidized Convenzionamenti for students) The National Congress, in accordance with Law 5 of January 21, 2004 and Chief Executive Decree 104 of September 28, 2006, is allowed to have an agreement for 2008, with the Credit Institutions available for the provision of loans on trust, up to the total amount of € 155,000.00, with the payment of a subsidy from the State interests, even for previous loans, attributable to the chapter 1-10 -5130. Art.22 (subsidized Convenzionamenti for subsidized housing)
The Congress of State is authorized, in accordance with Law 110 of December 15, 1994 and subsequent amendments and additions, to have an agreement for 2008, with the credit institutions and financial companies available to the purpose of granting the funding provided for by the law, up to the maximum amount of € 29,000,000.00, with the payment of a subsidy from the State interests, even for previous loans, to be charged on chapter 2-8-7450. The Congress of State is committed to submit by 31 May 2008, a bill aimed at the revision of the existing legislation on subsidized housing in order to regulate in a single text the criteria and methods for providing and re-evaluation of ' level of funding. Art.23 (subsidized Convenzionamenti for eliminating architectural barriers) The Congress of State is authorized to have an agreement for 2008, with the banks available for the provision of loans at a subsidized rate referred to in Article 154 of the Law of July 19, 1995 87, up to the total amount of € 250,000.00, with the payment of a subsidy from the State interests, even for previous loans, to be recorded on the chapter 2-8-7465. Art.24 (subsidized Convenzionamenti to companies for research) The Congress of State is authorized to have an agreement for 2008, with the banks available for the provision of soft loans under Law 16 of January 27, 2006 and Decree 36 of February 15, 2006, up to the total amount of € 4,000,000.00, with the payment of a subsidy from the State interests, even for previous loans, to be charged on chapter 2 -5-7221. The Secretary of State responsible undertook to prepare a report, to be submitted to the Great and General Council, on the use of this chapter in order to be able to evaluate the effects and the impact that this item of the budget law has on business growth of Republic. Art.25 (subsidized Convenzionamenti for tourism sector interventions - commercial) The Congress of State is authorized to have an agreement for 2008, with the banks available for the provision of soft loans under Law 13 December 2005 n. 179 and the Decree 78 of May 30, 2006, up to the total amount of € 6,000,000.00, 8 with the payment of a subsidy from the State interests, even for previous loans, to be charged on chapter 2-5-7225. Art.26 (Breakdown of spending funds) The Congress of State is authorized to proceed, at year end and on a reasoned proposal from the Secretariat of the Great and General Council, the distribution of funds between the chapters 1- 1-1470 "Fund independent for the Regency "01/01/1480" Independent Fund for the Great and General Council "and 2-1-6100" Fund of the Regency Individual and the Great and General Council for the purchase of assets ". Art.27 (Funding of Parties and Political Movements) Pursuant to Article 2 of Law 170 of 23 November 2005, for the year 2008, the contribution to be paid to the State Parties and Political Movements is set at € 1,696,433, 35 and entered the chapter 01/01/1450. Art.28 (Allocation of funds for the Township Councils) The State Congress has reserved the right to proceed, at the proposal of the Township Councils, the allocation of funds between chapters 1-6-3810 "Checks to Township Councils" and 2-6-7280 "Quote Juntas contribution Castle intended for the purchase of assets". Art.29 (Destination of resources to Township Councils) For the purposes of Article 29 of Law 22 of 24 February 1994, the AASP is authorized to make available to the Township Councils the sum of € 420,000.00 to be charged on relevant chapters of the Annual Report of the same company forecast. Art.30 (Transfers ISS) Pursuant to and the effects of Article 26, third paragraph, of Law 112 of 20 December 2002, the Congress of State is authorized to provide the Institute for Social Security, for the ' financial year 2008, an endowment fund for health care, to be charged on 1-9-4590 chapter, to the extent of € 52,800,000.00 as well as a fund for the social and health services, to be charged on chapter 1-9- 4610, in the amount of € 9,900,000.00. Art.31 (lump Recovery pensions allowances paid by ISS) The flat-rate recovery borne ISS related to pensions allowances paid in connection with the Law March 23, 1927 # 3, referred to in section 1080 is established at 10 % of the amount recorded on the chapter 03/01/2670. Art.32 (mutual Turning at the Central Bank and deposit guarantee systems)
Under Decree-Law 112 of 15 October 2007 the Congress of State is authorized to conclude with the Central Bank of the Republic of San Marino, in the amount of € 10,500,000.00, ten-year loan aimed at supporting the banking system San Marino. 9 It mandates the Congress of State to adopt before 30 June 2008, appropriate delegated decree implementing Article 100 of Law 165 of 17 November 2005 on the guarantee schemes for the protection of depositors, transposing the guarantees bank and consolidated financial systems, harmonizing the basic principles of the European Union legislation on the protection of savers. Art.33 (extraordinary health interventions) Any charges set out in Decrees Nos 20 May 1996. 48 and 49 for the 2008 financial year are posted on the chapter on 01/03/2490 or 01/03/2470 and 01/03/2480 chapters. Art.34 (Chapter Breakdown 03/01/2650) The State Congress is given the power, through a resolution, to allocate, among the relevant chapters, the allocation of Chapter 03/01/2650 "salary expenses and for restructuring and economic improvements to employees and pensioners of the State "and to engage in subsequent years, subject to their destination, the availability unused. Art.35 (AASS - use of reserves) The Autonomous State Agency for Public Services is authorized, for 2008, to use its reserves up to € 1,750,000.00 be allocated to funding of the planned investment, including those relating to investments made on behalf of the State whose expenses are charged to dell'AASS Art.36 (AASS - Sector Sewer) in compliance with Law 147 of 30 October 2003, as part of all'AASS transfers for 2008, the Congress of State is authorized to provide the Company the same € 1,000,000.00 on 01.03.2501 chapter "charges AASS for Sewer Service" and € 1,000,000.00 on 2-5-6431 chapter "Fund of AASS envelope for Sewer Service investment ". Art.37 (Appropriations vincolati- chapters 2-4-6442 and 2-5-6432) For the 2008 financial year the allocation bound on 2-4-6442 chapter "of AASP Endowment Fund for bound investments - use surplus of Directors of previous years ", amounting to € 3,300,000.00, will be earmarked for € 1,600,000.00 to the continuation of the interventions indicated in paragraph a) of the second paragraph of Article 35 of Law 135 of December 18, 2006, and € 1,700,000.00 for further work referred to in subparagraph b) of clause and article mentioned above. For the financial year 2009, the constrained budget, totaling € 2,700,000.00, will be earmarked for € 1,300,000.00 to the same work under subparagraph a) of the second paragraph of Article 35 of Law 18 December 2006 n .135, and € 1,400,000.00 for the work under subparagraph b) of paragraph and Article mentioned above. On 2-5-6432 chapter "of AASS Endowment Fund for bound investments - Using surplus of Directors of prior years' appropriations for the years 2008 and 2009, they amounted to € 2,000,000.00 for each year and are allocated to aid on the electrical substation and for the safety of the power lines. 10 Art.38 (chapters Adjustment for Set General Income Tax and Tax on Imports) As from the current fiscal year the Congress of State, in the presence of more general findings on income tax and tax on imports involving more refunds of those taxes, is authorized to adapt the appropriations in and out provided on chapters 20 "general income tax", 260 "tax on imported goods", 1- 3-2870 "tax refunds tax Office" and 1-3 -2890 "Refund on imports", in respect for the balance of the financial statements. The adjustment referred to in the preceding paragraph may be made by 31 May of the following year. Art.39 (Mortgage tie) E 'allowed the lighting of a mortgage balance of the Budget deficit in 2008 up to € 8,624,349.15. Art.40 (Promotion and incentives for the sector tourist-commercial) The budget chapter on 01/03/2396 "Fund for the promotion and incentives for the tourist-commercial sector", amounting to € 2,000,000.00 will be allocated by: a) the redevelopment and promotion of the tourism sector and the commercial with particular reference to the city of San Marino City that will be defined through appropriate legislative measures; b) the project of the San Marino Card, which will be regulated by a specific statutory instrument, as a tool to build customer loyalty by increasing the convenience of purchasing and in Republic
rewarding consumer loyalty. The goal to increase sales within the territory will be implemented through a contextual and targeted tax reduction phase; c) the implementation of the Trade Enhancement Strategic Tourism Plan and the Plan intended as strategic and multidisciplinary tools for revitalizing the sector as part of a modernization project and development of the country; d) the development and marketing of typical products and agri-food and traditional food and wines of San Marino, including through the certification of the same. The above measures will be subject to comparison with the trade associations of the sector they belong to. Art.41 (promotion of the economic system Interventions) On 01/03/2305 Chapter "Initiatives and promotion of the economic system charges" will be funded by € 250,000.00. It mandates the State Congress to set up a program to promote the economy of San Marino project, identifying areas better able to make development and competitiveness of the country system. This plan will be built through the identification of appropriate forms of communication to promote the economic system supranational level also through a specialized international communication agencies in the areas mentioned in the first paragraph of Article 50 of Law 13 December 2005 n. 179. 11 Art.42 (Shanghai 2010) Universal Exhibition In view of the role played by the participation of the Republic of San Marino at the Shanghai 2010 Universal for the promotion and the image of our state for tourism - commercial and general system for the entire country, is hereby established by the Secretariat of State for Tourism, Sports, Telecommunications, Transportation and Economic Cooperation, "the Commissioner general of San Marino Government for the World Exposition Shanghai 2010 participation" . It mandates the State Congress to adopt appropriate delegated decree governing the structure, organization and management methods of the General Commissariat above. All expenses related to the participation of San Marino World Exposition Shanghai 2010 will be recorded on the appropriate chapter 1-7-3936 called "Charges for participation in the World Exposition Shanghai 2010". For the financial years 2008, 2009 and 2010, the appropriations provided on this chapter will be respectively equal to € 500,000.00, € 500,000.00 and € 900,000.00. Exclusively for the activities and operations carried out in China, the delegate decree above may provide for any exceptions to the current administrative and accounting procedures. The delegate decree must also regulate the terms and manner of presentation of estimated expenditure, the statement of expenditure and the final balance of the participation in the World Exposition Shanghai 2010, to be transmitted to the competent supervisory body. Art.43 (Public Administration Reform) According to the principles and guidelines contained in the Order of the Day of the Great and General Council of 16 May 2007, the Constitutional Law n.183 / 2005, the Qualified Law n.184 / 2005 in civil service contract, in order to support the administration's reform process has established the chapter 01/01/1396 "reform of public Administration and Institutional" with an allocation of € 130,000.00 for the issue of the necessary normative documents, contractual and administrative, to the adoption of the acts already identified on schedule, improving the functionality of the executive and administrative, to the adoption of a coherent response to the evolution of the economic and social institutional system as well as the provision of more effective services and consistent with the requirements of users, expenditure restraint, the rationalization of public services and the gradual elimination of insecurity. Art.44 (Replacement of Title I of the law 22 March 1986 n.38) The entire Title I of the law 22 March 1986 n.38, replaced by article 37 of Law 155/1986 amended and supplemented by Article 1 of Law n.55 / 2004 is replaced by the following: "tITLE I Art.1 (overseas products income) income produced abroad by resident individuals are exempt from tax; they are nevertheless required to declare, with the exception of large capital income in interest, premium and other income derived from bonds and any other different note receivable from actions. If the total income of legal persons and similar entities
concur foreign income, taxes on that income paid there outright or to be held these, however, non-recurring, they are permitted in sharp deduction of tax due until 12 competition of the San Marino tax rate corresponding to the ratio between the incomes products abroad and the total income. The net tax and the tax rate are inferred, after the positive and negative changes in income, in the "B" under the IGR model "P". If competing products income in more foreign states, the deduction applies separately for each State. The effects of the provisions in the second paragraph, the deduction shall be made in the tax return relative to the tax period in which the foreign income has contributed to forming the overall income and the statement are including relevant taxes that have been permanently paid before its presentation. The credit for taxes paid abroad can not exceed the net amount of tax payable on the total income. The deduction is not up if the foreign income has not been declared or in the event of failure to submit the declaration or statement about anything. If the period to which they belong such foreign income does not match the one in which foreign tax has actually been paid, except as provided in the preceding paragraph, the deduction shall be made in respect of this period always statement from the year of accrual basis, taking into account any adjustments in the increase in foreign income taxes recoverable within three years. The foreign tax actually paid and not recovered than the deductible under the second paragraph becomes negative component of income deductible in the declaration for the next tax period. With the exception of foreign earnings through permanent establishment, foreign income to be considered in the calculation of the tax credit, in the preceding paragraphs, it shall be determined by multiplying the total gain for the ratio between the gross proceeds and foreign total revenue. ". Art.45 (Amendment of Article 64 of Law 165 of 17 November 2005) Article 64 of Law 165 of 17 November 2005 has added the following paragraph: "7. The contracts concluded in the exercise of reserved activities, including those relating to the issue of financial instruments, may provide that the rules governing the relationship is governed by a law other than that of San Marino and to provide exemption clauses to the jurisdiction of San Marino, after authorization supervision. ". Art.46 (Funding for Research) Article 9 of the Law of 27 January 2006 19 is replaced by: "For the implementation of assistance, provided by Law 19 of January 27, 2006, the State grants tax incentives in the form of tax credits, subsidized loans and tax relief, in the manner and in the measures provided for by the implementing regulations to be adopted by means of special decrees. ". Art.47 (Implementing Decrees Research) Article 11 of Law 19 of January 27, 2006 is replaced by: "The Congress of State shall, by appropriate decrees enforcement provisions where they will be given evaluation forms, modes presentation and funding of research projects. ". 13 Art.48 (Promotions and incentives in the energy sector) and 'established the chapter 2-5-6435 called "Fund for interventions aimed at energy saving, water and control of pollution sources" with an allocation of € 500,000.00. This amount will be used, by issuing special decrees and laws, to encourage the use of renewable energies and for the purchase of motor vehicles for civilian use, with low environmental impact, as well as for the adaptation of vehicles already registered. It mandates the State Congress to adopt appropriate decrees to identify the criteria, methods of delivery and the amount of contributions aimed at measures related to energy and water savings, by making a distinction between work on existing buildings and interventions on buildings new construction, based on the intended use of the same. It mandates the State Congress to promote initiatives aimed rational use of energy sources, the reduction of pollutants emissions, reduce energy consumption, to rationalize the use of available water resources. Art.49 (Establishment of a Council for Europe) It mandates the Secretary of State for Foreign Affairs to draw up appropriate regulations, which establishes and regulates the Council for Europe.
The appropriations provided in the Chapter 01/02/1810 "Charges for the Council for Europe" amounting to € 100,000.00, for 2008, will be used: to finance expenses related to agreements with external collaborators for the organization conferences both in San Marino and abroad, to cover travel expenses and hospitality of skilled personnel, the collection of material and information. Art.50 (social protection instruments) - Certificate of Social Credit The second, third and fourth paragraphs of Article 44 of Law 135 of December 18, 2006, are replaced by: "The financial resources amounting to € 700,000.00 allocated on Chapter 01/03/2409 "Fund for measures related to income policy" will be held, for the year 2008, a tax relief for home care and persons who are in socially deprived conditions on a family basis with particular attention to: 1. the composition and number of the household; 2. to single-income families with dependent children; 3. to support the disability and social problems in general; 4. to families with social difficulties; 5. the contribution of the elderly care costs; 6. the nuclei of only pensioners who are to provide for themselves. It mandates the Congress of State, upon comparison with the labor unions and trade associations, to regulate, with the adoption of appropriate delegated decree, the methods and criteria for use of resources and to evaluate a possible update of the same . ". - Support the role of the family and 'instructed the State Congress to proceed to the identification of: - appropriate incentives in support of those who, to follow families whose situation of disability, the handicap or disabilities, whether physical or mental, is such that make continuous assistance necessary, should take expectations or anticipate the exit from the labor market; 14 - fiscal economic stimulation to a revision of the tariff policies related to the family quotient; - Measures related to the protection and support of motherhood, providing the opportunity to introduce the facilities and tax relief in the recruitment of employees in temporary replacement of workers on maternity leave, post-partum and partime expectation; - Support policies and resources for the preparation of the necessary structures to complete the offer of services for families including through the creation of micro-nurseries, children's centers for parents, children's areas, pursuant to Law 68 of May 25, 2004 also considering whether to allow the management to non-profit organizations through the conclusion of appropriate agreements times to the containment of tariffs charged to users. The Congress of State is committed to submit by 30 April 2008, a proposal to revise the current regulations on the procedures and the criteria for disbursement of family allowances and accrued interest amounts, in order to establish co-ordinated intervention, organic and total to support the role of the family. - Social safety nets It mandates the State Congress to review and adopt legislative work on the system that regulates the labor market with the aim of integrating and reforming aspects of social welfare. Art.51 (in support of disability Interventions) In order to pursue the objective of equal opportunities, with the participation of representative associations of volunteering and of disabled persons, and in implementation of the document "Towards a Just Society", chapter 1- 3-2397 "Fund interventions on disability" will be funded by € 100,000.00 intended to: 1. complement, strengthen and / or activate the services for people with disabilities; 2. foster a constant search for material, social and cultural in a complex dynamic to allow you to integrate into the social fabric; 3. reduce the discomfort associated with disabilities to improve the quality of everyday life; 4. facilitate travels for work, educational and tourism for people with diminished physical autonomy; 5. Promote opportunities for interaction between disabled and non; 6. inform and advise the process of finding / maintaining income opportunities compatible; 7. raise families by material and psychological loads connected to the care of the severely disabled; 8. create working environments functional testing of crafts and activities, which produce recognized social identity; 9. introduce additional factors contributing to improved quality of life; 10. counter, isolation and social exclusion of individuals and family groups. ART.52 (Youth Policy)
1-8-4305 chapter called "Fund for Youth" with a budget of € 150,000.00 is finalized the implementation of measures and specific projects in favor of youth and the implementation of the two-year plan for youth policy, provided for in Article 9 of Law 91 of July 30, 2007 "Framework Law for the activation of policies in favor of young people". The benefits of Law 88 of 27 June 2003 shall be extended to 31 December 2008. art.53 (New Town Planning) For the definition of new spatial planning tools, making it possible to overcome the current General Urban Plan forecasts, for a restructuring of 15 public infrastructure and ensure future sustainable development aimed at improving the urban and environmental quality, landscape preservation, enhancement of city centers and heritage, on 2-4-6607 chapter "charges for urban planning of the Territory "will be funded amounted to € 300,000.00. Art.54 (Reform of Land Registry) and 'instructed the State Congress to prepare a bill that sets new technical criteria for the description of the actual texture of real estate, incorporating new and precise rules for evaluating the rents and values estate. For the extraordinary phase of the detection area to implementation of the reform, it has established the chapter 2-4-6608 "Charges for the Reform of Land Registry" with a budget of € 200,000.00. The application of the new criteria for the assessment of rents and real estate values ​​in the calculation of taxes is subject to the adoption of appropriate delegated decree. Art.55 (linguistic education and right to education) In view of the strategic value attributed to the foreign policy and the high-level international relations for the development of the country and the need for young people and the citizens of the Republic of San Marino have adequate competence in foreign languages, with a focus on English, it is established on 1-10-4880 chapter called "language education initiatives" with an allocation of € 80,000.00. This appropriation is intended: a) to implement vertical Curriculum English Language, from nursery school to Secondary School, in implementation of the Decree 98 of 1 July 2005; b) to strengthen, within the training offer of each school, the study of the English language, broadening the language laboratories system, including on-line and by intensifying elective activities; c) the promotion of student and teacher mobility through exchanges of hospitality between students and teachers from different countries, stages and stays for experiences of studying and working abroad; d) the development of educational interventions and education for adults, proposing evening classes for adults and opening in area experiences Inglese Camp as well as for children and students, even for adults. The Congress of State is committed to develop and propose amendments and additions to the Law January 21, 2004 # 5 "Of the right to education", in order to allow an easier and favorable access to its benefits for all young people to steer their choice of studies into university courses, vocational and university-level more in line with the needs and development strategies of the Republic on the social, economic and financial, previously identified and reported. Art.56 (Income Military Corps services for sporting, recreational and supervisory) E 'Congress authorized the State to regulate with special decrees: a) what public services required during cultural and sports events can be guaranteed by bodies Police and dall'AASP and how private participation to the costs; b) the right to membership for individuals and businesses, subject to payment of a special fee whose amount will be defined by special decree aforementioned, to supervisory activities provided by the Military Corps also through technological connection to the Operational Centre of the Forces d 'Order. 16 Art.57 (Measures for the conservation of buildings with a value of monument) It authorizes the State Congress to adopt delegated decree containing tax relief rules, be intended to cover the conservative renewal and restoration of artifacts and real estate with historical value of the monument in accordance with Law 147 of 28 October 2005. Art.58 (the debt restructuring) It mandates the State Congress to adopt a special law draft act to regulate
the issue and public offering of a bond issue aimed at restructuring the public debt currently held and to the medium and long term investment funding such as acquisition and restructuring of areas and buildings located in the historical centers, interventions for the completion of institutional, and cultural representation, implementation of the plan on road safety, enhancement of green areas including new acquisitions, the completion of Office Centre and finding homes for the autonomous institutions, interventions on social structures, with priority given to the school buildings, the realization the new nursery and the completion of the service canteens also through the collaboration of the Social Services Fund. Articles 59 (computerization and simplification of procedures) It mandates the State Congress to adopt measures aimed at implementing the computerization process of the Public Administration to allow the gradual elimination of paper documents in favor of an increasing dialogue between the computerized offices. In this area are located: the introduction of the computer protocol and the document flow management project, the use of electronic signatures and the adoption of the electronic identity card, the accounting order modernization of the state, of the instruments of management and control of public finances and the reform of the structure of the state budget. And 'it authorized the State Congress to launch a study aimed at creating a wireless network hotspot type. Considering that the state computerization process will allow an improvement of services offered by the public administration in terms of efficiency and effectiveness, it has instructed the State Congress to adopt delegated decree on the elimination of stamp duty governed by the law 29 October 1981 n. 86, as amended. With the decree mentioned above you you will have to proceed with the conversion of the tax liabilities mentioned above in other forms of entry to the State. Art.60 (Discipline of voluntary and non-profit) It mandates the State Congress have in place by March 30, 2008 draft legislation designed to reform the law regarding the voluntary associations and non-profit. Art.61 (Priority objectives for the elderly) The Congress of State is committed to continuing the process of approval of the draft law "Charter of rights of the elderly, protection and enhancement of their role in society." In implementing the provisions of Article 11 of the project indicated in the preceding paragraph and processing following the program provided by the workgroup, the shares will be identified, the actions that will be necessary, from a survey of current needs and by a projection of those in the medium and long term. 17 The funding of such interventions will charge for the year 2008 in the relevant chapters of the Institute for Social Security. Art.62 (programmatic commitments) The Great and General Council takes note of the programmatic commitments in the political relationship - programmatic in the Budget and Economic Planning Document for the year 2008. The Great and General Council mandates the State Congress to give execution by adopting appropriate measures. Art.63 (Entry into force) This Law shall enter into force on the fifth day following that of its legal publication. Our Residence, 21 December 2007/1707 THE CAPTAINS REGENT Mirco Tomassoni - Alberto Selva THE SECRETARY OF STATE FOR INTERNAL AFFAIRS Valeria Ciavatta