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Italy Set to Abandon 2% VAT Increase in 2016

Italy will not be increasing its VAT rate by 2% bringing it from 22% to 24% in 2016. The planned increase was part of Italy’s Emergency Stability Package in 2014 however in the Governments 2016 Stability Law the increase has been abandoned.

Source: Italy Set to Abandon 2% VAT Increase in 2016



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