Italy's tax burden up to 40.5% in third quarter of 2024
Italy's tax burden in relation to GDP
rose to 40.5% in the third quarter of 2024, an increase of 0.8
of a percentage point with respect to the equivalent period the
previous year, Istat said on Friday.
Italy's deficit-to-GDP ratio, however, was 2.3% in the third
quarter of 2024, a significant improvement on the deficit of
6.3% registered in the equivalent period in 2023, the national
statistics agency said.
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