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Italy Background Economic Developments and Issues - Supplementary Information Appendices

This paper reviews the flaws of the Italian tax system during the 1990s and the rationale for reform. The paper highlights that a fundamental reform of the tax system took place in 1971–73, and introduced three main innovations: the concentration of tax authority almost exclusively at the level of t...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Staff Country Reports
Subjects:
Stock Exchanges
Private Pensions
Pension Spending
Finance
Labour; Income Economics
Budget Systems
Social Security And Public Pensions
Public Finance & Taxation
Nonwage Labor Costs And Benefits
Budget Planning And Preparation
General Financial Markets: General (includes Measurement And Data)
Budgeting
National Government Expenditures And Related Policies: General
Labor
Expenditure
Financial Markets
Retirement
Stock Markets
Expenditures, Public
Budget
Pensions
Macroeconomics
Public Financial Management (pfm)
Budgeting & Financial Management
National Budget
Public Finance
Finance: General
Italy
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews the flaws of the Italian tax system during the 1990s and the rationale for reform. The paper highlights that a fundamental reform of the tax system took place in 1971–73, and introduced three main innovations: the concentration of tax authority almost exclusively at the level of the central government; a value-added tax, in line with the rest of the European Union; and the extension of the base of the personal income tax to additional income categories. This paper also reviews the management of public spending in Italy
Physical Description:117 pages
ISBN:9781451819779

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