The tax burden in Italy has
grown by 12.6% since 1980, CGIA Mestre small-business
association said Monday.
Currently, Italian companies pay the taxman a total of
110.4 billion euros a year, second within the European Union
only to their German counterparts.
These pay taxes of 121 billion euros a year, but Germany
also has 20 million more inhabitants than Italy does, the
association pointed out.
The economic blueprint unveiled by the Renzi government
last spring calls for the tax burden to increase by 0.2% over
last year to reach a record 44% in 2014, CGIA Mestre said.
"It's difficult to do business and restart the economy with
a tax load this heavy," commented CGIA Secretary Giuseppe
Bortolussi.
CGIA Mestre also examined another parameter, or business
taxes as a percentage of overall tax take: while the European
Union average is 11.3%, Luxembourg leads with 17%, followed by
Italy at 16%, Ireland with 12.3%, Germany (11.6%), the UK
(11.2%), and France (10.3%).
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