Domenica, 21 Ottobre 2018

Italian tax revenues steady despite recession


Rome, July 5 - Italian tax revenues remained steady
in the first five months of 2013 even though the country is
still grapping with its longest recession since World War II.
The economy ministry said Friday that tax revenues for the
January-May period amounted to 149.1 billion euros, only
slightly lower, 373 million euros, or 0.2%, on the same period
in 2012.
"Even though the economic climate is negative, the revenues
remained stable," the Treasury said in a statement.
It added that 2.826 billion euros of that revenue derived
from checks by the authorities fighting tax evasion.

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