The relationship between Italy’s tax system and the developments in the country’s financial sector in the last two decades of the twentieth century can be examined from several different angles. Did the overall tax and tax-related burden on the financial sector change, and in what direction? Did the degree of neutrality in the taxation of each of the various types of finance change, and in what direction? Were the principal changes in the financial system helped or hindered by the tax system? Finally, how do we evaluate the adequacy of the tax regime for the Italian financial sector following the introduction of the euro?
KeywordsMigration Europe Attenuation Income Explosive
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