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OECD Economic Survey of Italy Includes Recommended Shifting of Taxes from Labor to Property and Consumption

24 January 2024

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Proposed Changes

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Italy-OECD

The OECD has announced the publication of the latest Economic Survey of Italy on 22 January 2024. With respect to taxation, it is recommended that Italy shift taxes from labor to property and consumption, which would protect tax revenues while making the system more growth friendly. --- Italy should boost investment, strengthen ongoing civil justice and competition reforms, and tackle public debt 22/01/2024 - Italy’s economy has weathered recent crises successfully but is now slowing amid tightening financial conditions. To secure strong and sustainable growth over the long term, Italy should focus policy action on improving the business environment and...