Sections

EC says Italy should maintain tax 'progressivity'

Govt aiming to bring in flat tax by end of parliamentary term

Redazione Ansa

(ANSA) - ROME, MAY 24 - The European Commission called on Italy to maintain the progressive nature of its income-tax system on Wednesday in its spring package of recommendations.
    Premier Giorgia Meloni's government has presented a tax reform plan that will see Italy's income-tax bands cut from four to three as part of the process of bringing in a flat-tax on earnings by the end of the parliamentary term.
    "It will be crucial to maintain the progressive nature of the tax system, reduce complexity, increase the incentives to work and step up past efforts to combat tax evasion," the Commission said.
    "In particular, reducing the number of personal income tax brackets risks hampering the progressivity of the tax system".
    (ANSA).
   

Leggi l'articolo completo su ANSA.it