Wed, 31 Jan 07
Italy is planning to allow its towns to tax tourists up to EURO 5 ($6.30; £3.40) per day, reports Jet-to-Let Magazine...
The Italian government's 2007 budget will grant Italian towns powers to tax tourists up to EURO 5 ($6.30; £3.40) per day. This charge would also apply to domestic tourists. These local revenues will be used to pay for tourism structures and services.
On a national level, the Italian government has ambitious fiscal goals this year. On the one hand, the 2007 budget aims to reduce tax for up to 90% of Italians. On the other hand, the government wants to reduce Italy's deficit by EURO 14.8 billion, bringing it down to 2.8% of GDP. If successful this would be the first time the Italian government has reigned in its deficit below the European Union's 3% cap in the last five years.
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