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ANIA: tax burden hinders competitiveness in Italy

Milan

The Italian National association of insurance companies' managing director Paolo Garonna has lamented during a parliamentary audition that Italy's tax burden is significantly hindering companies' market competitiveness.

The Associazione Nazionale fre le Imprese Assicuratrici also hopes that measures implemented with the recent tax reform will soon be revised.

"Tax rate on companies' revenue (27.5%) is still higher

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