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Italy to Raise 0.44% of GDP From Financial Sector Through 2029 to Fund Budget
Summary by Devdiscourse
7 Articles
7 Articles
Italy to raise almost €11 billion from financial sector in next three years
ITALY plans to raise billions of euros to stabilize its budget through new taxes on the financial sector and gambling.
This new levy adds to the €12 billion that the government already wants to claim from banks and insurers by 2028 through a tax increase. The precise details of the collection arrangements are not yet known.
Economy Minister Giancarlo Giorgetti has defended the increased taxation of the sector.
Coverage Details
Total News Sources7
Leaning Left1Leaning Right0Center3Last Updated75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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