The Italian Council of Ministers Oct. 14 issued Press Release No. 145, announcing the presentation of the Draft Budgetary Document (DBP), previewing the draft budget law for 2026-2028. The measures include: 1) reducing the second individual income tax (IRPEF) rate from 35 percent, to 33 percent; 2) extending the deduction for construction work to 2026; 3) creating a tax for businesses located in special economic zones (SEZs) and simplified logistics zones (SLZs) over the three-year period; and 4) extending the sterilization of the plastic and sugar tax to Dec. 31, 2026. The announcement also includes the same date approval of ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.