Tag: taxes

Istat, Q1 2022 report. Taxes are rising and Italians are crying

Istat, Q1 2022 report. Taxes are rising and Italians are crying

If the State rejoices, the citizen cries. The umpteenth proof that this ancient saying corresponds to the strict truth comes from the latest data released by Istat. In the first quarter of 2022, general government debt to GDP declined sharply in trend terms, owing to the substantial increase in revenues, which more than offset the […]

Party pressure on Mario Draghi on the economic crisis: “Do it soon or you will revolt”

Party pressure on Mario Draghi on the economic crisis: “Do it soon or you will revolt”

The umpteenth blow to the inflation data (above 8% a year, levels never seen in nearly forty years) comes after the latest decree to calm the price of bills. And it has the effect of reducing the burden of government intervention. The three billion used to extend discounts to lower rents through September suddenly appears […]

Tax follows non-ordinary residents with dividends in Malta

Tax follows non-ordinary residents with dividends in Malta

The Tax Inspectorate would look into the use of the non-ordinary residents scheme in conjunction with the Maltese tax scheme to evade taxes, after identifying cases of abuse of these schemes. This is one of the sectors with a high risk of fraud identified in the latest annual report of the Tax Authorities (AT) on […]

Timetable for an income deal slips again

Timetable for an income deal slips again

The government guarantees there will be no setbacks, but the timetable for an agreement on income and competitiveness has shifted again. Thought for 2020, it was held back by the pandemic. The weather was expected in June of this year, but expectations were postponed to October. And now there is no “point of arrival” anymore. […]

Tax collection as of March 2022 was $53.71 billion

Tax collection as of March 2022 was $53.71 billion

De Dian reported that tax collection in the country was $53.71 billion in March this year, reaching the target of 111.2%. Compared to January and March 2021, there was a positive variation of 29.9%, raising $41.36 billion. With respect to taxes related to internal economic activity, collection was $42.94 billion, achieving a 79.9% participation rate […]

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