Monday, September 22, 2014

Padoan, “can cut the tax burden for businesses” – AGI – Agenzia Journalistic Italy

Padoan, "can cut the tax burden for businesses" – AGI – Agenzia Journalistic Italy



Economy

September 21, 2014 19:02

(AGI) – Rome, September 21 – “We are seriously considering the possibility ‘to deepen the cut in the tax wedge and we are planning to do it from the business side.” The claims in the Labour Minister, Pier Carlo Padoan, in two interviews with Il Sole 24 Ore and Corriere della Sera, from Cairns where he ‘went for the G20 finance. The tax relief will be covered by the spending review. “Spaces to save resources – said the minister – for example, in many ministries are mainly” looking to the waste and inefficiency. “Padoan
Also ensure that” not raise taxes. “THE Minister denies touches on VAT or inheritance tax: a hypothesis “out of nowhere” and that “I know nothing.” Rather Padoan focuses on labor reform ‘and’ urgent ‘and’ should be done ‘, because’ in Europe and the G20, and ‘ considered to be “high on the list of structural interventions to be carried out.” IL Jobs Act to the Minister and ‘”good” because’ towards simplification of contracts, that ‘in a direction in which the license plate Renzi reform.
“From the G20 and ‘awareness emerged that the global economy is likely to slow down” but “Italy has clearly identified its own strategy, placing high on the agenda of structural reforms needed to improve competitiveness’, the attractiveness’ and the economic climate: more rules’ simple labor, public administration more ‘effective civil justice system more’ speedy. At the same time we have begun work on institutional reforms to improve the governance of the country for decades to come, “he said Economy Minister at the end of the meeting of the G20 finance in Australia.
In particular the minister attached great importance to the progress made on the front of the automatic exchange of tax information between countries of the G20. “automatic exchange of information – has sostuto Padoan- and ‘an example of structural reform on an international scale: new rules that change behavior and produce tangible results. “Later, on Twitter, the minister pointed out:” Automatic exchange of information on tax evasion and ‘reality’: between 2017 and 2018 full adoption of the standard G20 / OECD. It ‘also example – always adds on social netowork – structural reform international: new rules that change behavior and produce tangible results. “
(AGI).

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