1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

Italy Presents New Measures for Financial Stability

Italy has recently announced measures to ensure the financial stability of the economy.

FOR IMMEDIATE RELEASE

 
 
nair_logo
nair_logo
PRLog (Press Release) - Dec. 12, 2012 - (Sunnyvale, CA)- Italy has recently announced measures to ensure the financial stability of the economy. The key highlights of the financial stability package are as follows:

·         Decrease in rate of individual income tax for the first two income group brackets:

1.       from 23% to 22% for income up to EUR 15,000, and

2.       from 27% to 26% for income between EUR 15,001 and EUR 28,000.

3.       Applicable from July 1, 2013, reduced raise in standard VAT rate from 21 % to only 22%, and similarly for VAT rate reduced hike from 10 % to 11 %.

4.       For individuals, maximum limit of tax credit set at EUR 3,000 for eligible expenses.

5.        

More details would be available shortly. For more information about Italy’s taxation laws or doing business in Italy please call or email us.

For more information on this topic email media@nair-co.com

Get the latest press releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts (http://www.nair-co.com/newsandannoucement.aspx).

Photo:
http://www.prlog.org/12042227/1

--- End ---

Click to Share

Contact Email:
***@nair-co.com
Source:Nair & Co.
Phone:+1 408.515.6887
Zip:94085
State/Province:California - United States
Industry:Business
Tags:PR, press release, international expansion, transfer pricing audit, international accounting
Shortcut:prlog.org/12042227
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share