(ANSA) - ROME, JANUARY 25 - The Italian tax system is "heavily unbalanced" on individuals and families, while in relation to businesses Italy is "the third country by lower taxation after Latvia and Estonia". This is how Gian Paolo Oneto of Istat during a hearing in the Finance Committee in the Chamber. "Individual and household income taxes account for 27.5% of total income, while corporate income taxes stop at 4.6%," he said. "This imbalance is shared with all European countries (except Cyprus), but a gap exceeding 20 points is recorded, as well as in Italy, only in Denmark, Finland, Sweden and Latvia". (HANDLE).
Istat, the tax department weighs heavily on individuals and families
2021-01-25T16:55:48.708Z
The Italian tax system is "highly unbalanced" on individuals and families, while in relation to businesses Italy is "the third country for lowest taxation after Latvia and Estonia". (HANDLE)