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Istat, the tax department weighs heavily on individuals and families

2021-01-25T17:04:36.006Z


On businesses, it stops at 4.6% and is among the lowest in Europe (ANSA) 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". Thus 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. "T


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".

Thus 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 of more than 20 points is recorded, as well as in Italy, only in Denmark, Finland, Sweden and Latvia".   

Source: ansa

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