Austerity package – details
On 14 September 2011, the Parliament approved the austerity package. The package provides for a number of measures, for a total of EUR 54.3 billion in order to guarantee that the budget will be balanced by 2013. Details of the package are summarized below.
Direct taxation
(a) Corporate taxation.
Robin tax. In respect to the original threshold introduced in 2008 the package provides for:
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