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Government studying reducing VAT on telecoms to 10%

‘The Minister of Enterprise and Made in Italy Adolfo Urso announced yesterday, during
the hearing on the programmatic lines of the dicastery for the telecommunications
sector which was held in the Transport Commission in the Chamber, that together with
the MEF the reduction is being evaluated of VAT from 22 to 10% for TLC. According to
Ministry estimates, the measure would cost around 553 million euros, which would
reach 784 million if it were to fall to 5%.

Source: eutekne.info

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