Rome

Italian VAT increase likely to be avoided in October

Italian economy minister expresses optimism on VAT

Italian VAT increase likely to be avoided in October

Rome, September 11 - Italian Economy Minister Flavio Zanonato on Wednesday expressed optimism that a value-added-tax (VAT) increase could be avoided in October. "We are working to avoid its increase," Zanonato said on the margins of a conference in Rome held by the industry group Confindustria. "I think it is very probable that it will not rise," Zanonato added.

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