Italy to delay VAT sales tax hike - ministry official


  • World
  • Sunday, 23 Jun 2013

ROME (Reuters) - Italy will delay for at least three months a rise in sales tax which was due to take effect in July and the government aims to cancel the rise altogether, deputy Economy Minister Stefano Fassina said in a newspaper interview on Sunday.

The scheduled 1 percentage point rise in the main rate of value-added tax (VAT) to 22 percent has become a major focus of tension for Enrico Letta's coalition government.

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