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Tax burden 42.1% in 2024, 42.4% in 2025 - DEF

Then will settle on 'slightly lower' level says econ blueprint

Redazione Ansa

(ANSA) - ROME, APR 10 - Italy's tax burden will be 42.1% in 2024 and 42.4% in 2025, the government's DEF economic and financial blueprint says.
    "The tax burden will be reduced in 2024 to 42.1 per cent (from 42.5 per cent in 2023, ed.) to rise in 2025 to 42.4 per cent and settle at a slightly lower level in the final two years of the forecast period", according to the part of the DEF dedicated to 'Analysis and public finance trends'.
    Total general government revenues general government revenues as a ratio of GDP decrease in 2024, by one percentage point compared to 2023, standing at 46.8 per cent, and are expected to increase in 2025 by 0.3 percentage points percentage points in 2025 and decreasing in the following years, to reaching 46.2% in 2027. Tax revenues are progressively decreasing, from 29.6% in 2023 to 28.9% in 2027 in 2027. (ANSA).
   

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