European Parliament Library

Reforming Tax Expenditures in Italy :, What, Why, and How?, Justin Tyson

The IMF has advised country authorities to roll back tax expenditures as a way to support fiscal consolidation efforts—urging them to evaluate tax expenditures according to clear criteria, and assessing their impact on public finances, economic efficiency, equity, and administrative and compliance costs. This paper analyzes tax expenditures in Italy, considering the extent to which tax expenditures can be considered part of an optimal tax system and possible reforms
Table Of Contents
Cover; Abstract; Contents; I. What Are Tax Expenditures?; II. Why Should Tax Expenditures Be Reformed?; Figures; 1. Tax Expenditures in Selected Advanced Economies; III. Are All Tax Expenditures Bad?; Tables; 1. Comparison of Tax Expenditures and Direct Spending; IV. How Can Tax Expenditures Be Identified and Quantified?; V. Once Identified, How Should Tax Expenditures Be Evaluated?; VI. What Types of Tax Expenditures Are There in Italy?; A. Personal Income Tax (PIT); 2. Summary of Largest PIT Tax Expenditures; B. Corporate Income Tax (CIT); C. Value Added Tax (VAT)
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (17 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR