Italy along with the Isle of Man received the criticism of the European Commission, taking steps to force them to scrap illegal tax breaks for yachts and private jets or face a lawsuit in European court. We have stepped up our agenda to tackle #taxavoidance in the yacht and aircraft sectors by implementing infringement proceedings…
Tag: Berlaymont
Italy at edge of EU infringement procedure
Italy at the edge of an infringement procedure if the government does not change its draft budget plan for 2019, European Commission Vice-President for the Euro Valdis Dombrovskis said. The Commission has rejected the plan, which sees Italy running a deficit of 2.4% of GDP next year, saying it would breach the Stability and Growth…
Berlaymont-Rome budget crisis deepens
Deputy Premier Matteo Salvini responded to the European Commission’s decision to reject Italy‘s budget draft and request a new package within three weeks, assessing it as an “attack” on the Italian economy. Salvini says Italy won't change budget, 'Italians come first' https://t.co/xu15vs6l5T pic.twitter.com/DeMhqqmYMb — Reuters UK (@ReutersUK) October 24, 2018 The Commission regards the proposal,…
‘Tribalision’ of UK politics towards Brexit
British Brexit minister Dominic Raab said the parliament will have sufficient time to debate any exit deal Prime Minister Theresa May agrees with the European Union, and that lawmakers will have a real say on whether to approve it or not. However not all of them are convinced by minister’s promise, preferring to deliver personally…
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