Italian Court of Auditors Tells the Government Higher Taxes will Reduce Tax Revenues
Key Takeaways
  • The Italian Court of Auditors has released its report on the budget impact of the new tax changes which Parliament is eagerly awaiting to see.
  • The government expected the changes to raise an extra €900 million this year, €800 million for 2016 and €650 million for 2017.
  • The Court of Auditors has poured cold water on these ambitions, pointing out that higher prices for nationally regulated gambling will reduce the attractions of the product.

The Italian Court of Auditors has released its report on the budget impact of the new tax changes which Parliament is eagerly awaiting to see.

Publication has been delayed, and the Court of Auditors Report has the potential to delay the process even further.