A new amendment in the 2018
budget sets up a string of tax breaks for Italy's bookshops as
well as cuts in rents. It aims to stem the widespread closure of
bookshops in the Belpaese. There will be reductions in the IMU
and TASI property taxes, the TARI local services tax. The
discount is bigger, up to 20,000 euros, if the bookshop is
independent. For stores that are part of chains, the discount is
up to 10,000 euros. The spending limit is set at four million
euros for 2018 and five million euros a year from 2019 on.
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