Critics of Italian fiscal policy
have dubbed Monday a 'black day' due to the total of 54.5
billion euros in various taxes being levied from citizens all at
once due to a coincidence of deadlines.
With the new TASI local-services tax set to debut in most
of the country, small-business group CGIA Mestre has called for
more simplifications to the country's complicated and costly tax
code.
"In our country, unfortunately, in addition to the tax
burden that has reached an unbearable level, it's difficult to
define the exact amounts to be paid. The process of paying one's
taxes in Italy takes an average of 269 hours throughout the
year, the equivalent of 33 working days," said CGIA Mestre's
Giuseppe Bortolussi.
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