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Italy Introducing Windfall Tax on Energy Companies

|Proposed Changes|Italy
Italy

The Italian government has reportedly approved a draft decree providing for the introduction of a package of measures to mitigate the impact of rising energy prices on individuals and businesses. This includes the introduction of a 10% windfall profit tax on energy companies that have reported increased profits in the period October 2021 to March 2022 as compared to the same period in the prior…

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