Rome

Tax burden 44.4% of GDP if crisis continues, study says

Association says Italy's burden 3% higher than EU counterparts

Tax burden 44.4% of GDP if crisis continues, study says

Rome, June 19 - Italy's tax burden on families and companies could reach 44.4% of GDP in 2013 if the ongoing economic crisis continues, according to a study by retailers' association Confesercenti released on Wednesday. The country's overall tax burden at 44% of GDP is some 3% higher than in other European Union countries, the Bank of Italy said in March.

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