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Tax revenue in 2012 48.1% of Italian GDP, new record

Beats 1997 record by half a percent

17 April, 15:37
Tax revenue in 2012 48.1% of Italian GDP, new record (ANSA) - Rome, April 17 - Tax revenue accounted for a record 48.1% of Italian gross domestic product (GDP) in 2012, up from 46.6% in 2011, the Bank of Italy said Wednesday. The previous record, 47.4 %, was reached in 1997.

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