Italy Aims to Get More Tax Out of Its Most Profitable Companies

Italy Aims to Get More Tax Out of Its Most Profitable Companies

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For your information, you can find below the description of the video Italy Aims to Get More Tax Out of Its Most Profitable Companies published by the Youtube channel Bloomberg Television:

Italy's Finance Minister Giancarlo Giorgetti said companies that have benefited the most from particularly favorable economic conditions of recent years will be asked to contribute to the country's debt reduction efforts. Speaking to Bloomberg News, Giorgetti said he is look at new levies that would apply to companies in a number of different industries. This is "an effort that the whole country must undertake," he told Bloomberg's Chiara Albanese. Italy plans to reduce its budget deficit to below 3% of economic output by 2026.
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