Lunedì, 24 Settembre 2018

Government must cut business tax for growth, says Squinzi


Rome, May 23 - Cutting business taxes is essential
to encouraging Italy's economic growth, the head of the
country's powerful industrial confederation said Thursday.
The government's recent decision to suspend the unpopular
IMU property tax was a good start, but more is needed, said
Giorgio Squinzi, head of Confindustria.
"We appreciate the commitment that the government has taken
with the IMU decree, (and we) ask for a tax to support those who
create and distribute wealth, transparent and respectful of the
rights of citizens and businesses," he said.
Speaking to the group's annual meeting, Squinzi also called
on Premier Enrico Letta's government to slash other business
taxes, including social security contributions.
He particularly singled out the regional tax on productive
activities (IRAP) for reform.

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