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Italy News - Business, Taxation & Offshore




Italy Looking For Avenues To Increase Tax Revenues

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 22, 2017

It still remains uncertain as to how Italy's additional 2017 fiscal adjustment required by the European Commission will be funded, but a major part could involve cuts to individual income tax deductions.Read Full Story

 

Leading Party Rejects Italian Excise Tax Hikes

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, February 21, 2017

Ex-premier Matteo Renzi's Democratic Party has refused to support hikes to excise taxes that are being proposed as a major element in Italy's additional 2017 fiscal adjustment, required by the European Commission. Read Full Story

 

 

Italy Should Pursue Anti-Tax Evasion Measures: OECD

by Ulrika Lomas, Tax-News.com, Brussels

Friday, February 17, 2017

The OECD has said Italy should limit its fiscal plans to those measures that would not inhibit improved economic growth. Read Full Story

 

Italy Collects Record Anti-Tax Evasion Revenue In 2016

by Ulrika Lomas, Tax-Nws.com, Brussels

Friday, February 10, 2017

The Italian Government's measures against tax evasion yielded additional tax revenue of around EUR19bn in 2016, 28 percent more than in 2015.Read Full Story

 

 

Italian Tax Measures Needed To Cut Fiscal Deficit

by Ulrika Lomas, Tax-news.com, Brussels

Monday, February 6, 2017

The Italian Minister of the Economy and Finance, Pier Carlo Padoan, sent a letter to the European Commission on February 1, confirming that Italy will introduce additional budgetary measures to reduce its forecasted fiscal deficit for this year.Read Full Story

 

OECD Progresses With MAP Peer Review Work

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, January 31, 2017

The OECD is seeking taxpayers' input on the mutual agreement procedure frameworks in place in the second batch of countries that will now be peer reviewed under Action 14 of the OECD's base erosion and profit shifting Action Plan.Read Full Story