Italy will not increase taxes for 3 years

Italian Council of Ministers has approved the country’s Economic and Financial Document (DEF), which supplements its 2015 Budget Law.

DEF contains measures for the restoration of Italian economy after the crisis and measures for the reduction of the tax burden of businesses and low-income families.

The Prime Minister of Italy, Matteo Renzi, noted that Italy will as well not increase tax rates for the next three years.

He also stated that on the 21 of April the first package of documents on the tax reform will be proposed to the Italian Government. The second package will be presented in June.

Source: http://www.mef.gov.it/inevidenza/article_0106.html