Italy’s government is considering increasing a capital gain tax on buybacks among options to help raising funds for its new budget law, newspaper Il Messaggero reports, mentioning simulations included in a draft government document.
- Government may hike taxation on buybacks to 30% from current 26%
- NOTE:
Italy Weighs New Bank Tax Move to Bolster Budget, Reports Say - NOTE:
Italy May Consider Tax on Buybacks of Listed Firms: Corriere
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Flavia Rotondi, Antonio Vanuzzo
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