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Higher fiscal rates on financial revenues in Italy

Author

Listed:
  • Enzo Mignarri

Abstract

After the 1st July 2014 the tax rate on financial income in Italy will be increased from 20% to 26%. The higher financial levy will also apply to interests on bank accounts and deposits and postal deposits, but not to Treasury bonds and bonds of other countries

Suggested Citation

  • Enzo Mignarri, 2014. "Higher fiscal rates on financial revenues in Italy," BANCARIA, Bancaria Editrice, vol. 6, pages 74-80, June.
    • Handle: RePEc:ban:bancar:v:06:y:2014:m:june:p:74-80
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    File URL: http://www.bancaria.it/en/higher-fiscal-rates-on-financial-revenues-in-italy
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    More about this item

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

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