Italy reduces income tax for people making less than 26,000 euro

Note: This section contains information in English only.
Source: RTT News
Government in Italy lowered a tax on lower income earners in order to boost domestic demand and increase household incomes, the country's Prime Minister Matteo Renzi said past weekend. According to Renzi, the recent tax reduction may help about ten million tax payers and reduce the total number of taxes by 80 euro per month for people earning 26,000 euro and less a year since May 2014.

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