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European Fiscal Policy and Taxation System in Italy

Author

Listed:
  • OpriÈ™an Oana

    ("Ovidius" University of Constanta)

  • Èšileagă Cosmin

    ("Lucian Blaga" University of Sibiu)

  • Nicodim Liliana

    ("Ovidius" University of Constanta)

Abstract

The budget of all countries, large or small, developed or developing, are supplied mainly from compulsory levies. Everywhere, so budget revenues is about tax, by compulsory taxes. Collection of these requirements may be: tax (tax on the exact meaning of the word) or para (contributions). It can be seen that the range of fiscal instruments is very wide and, as things stand everywhere, does not seem to stop here. This is because fiscal instruments are less politically risky and more financially profitable. In this regard, the number and size of taxes, there are countries that are part of the so-called tax haven countries and living a true fiscal nightmare.

Suggested Citation

  • OpriÈ™an Oana & Èšileagă Cosmin & Nicodim Liliana, 2017. "European Fiscal Policy and Taxation System in Italy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 609-612, December.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:609-612
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    More about this item

    Keywords

    taxes; fiscal instrument; fiscal policy; taxation system;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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