The European Commission said in its
2024 report on the Italian economy Wednesday that Rome must
reduce tax evasion by collecting more data and implementing more
controls.
Among the key findings of the European Commission's 2024 report
for Italy is that the country can "improve tax compliance by
increasing the sources of data available for audits and
controls, encouraging the use of electronic payments and
reducing compliance costs for taxpayers".
The EC also said that Rome must face up to its demographic
challenge and also reduce the labour tax wedge.
Italy, the report said, must "address demographic challenges to
mitigate the effects on long-term growth and achieve sustainable
public finances; and increase competition and improve regulation
in some growth-enhancing sectors.
"Italy will also have to reform the tax system to provide
greater incentives for growth, with a focus on reducing the tax
wedge on labour".
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