Italy halves planned VAT rise

Salman Shaheen

October 11, 2012

Italy had planned to increase VAT by two percentage points to ease the burden on poorer households, but the increase has now been halved. It is not expected to affect companies’ tax calculations significantly.

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Italy halves planned VAT rise

Italy had planned to increase VAT by two percentage points to ease the burden on poorer households, but the increase has now been halved. It is not expected to affect companies’ tax calculations significantly.

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