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Government tax revenues fall by 1.44 bn euros

Tax income in first 10 months reaches 307.86 bn euros

13 December, 12:20
Government tax revenues fall by 1.44 bn euros (ANSA) - Rome, December 13 - Revenues from taxation in Italy fell by 1.44 billion euros in the first 10 months of the year compared to the same time last year, the Bank of Italy reported Friday.

Between January and October, total income for government coffers from taxes reached 307.86 billion euros, the central bank said.

That was significantly less than the 309.3 billion euros in tax income reported during the same period in 2012, it said.

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