Italy’s Tax Inflows to Get €4 Billion Uplift From Bank Measures #ItalyFinance

Prime Minister Giorgia Meloni is set to get a boost to her national budget thanks to the country’s financial sector.

Italy’s tax inflows will be uplifted by €4 billion ($4.3 billion) in the next two years mostly through the postponement of tax deductions on banks, according to a government budget document obtained by Bloomberg.

Giorgia Meloni

Photographer: Alessia Pierdomenico/Bloomberg

Inflows will increase in 2025 and 2026 and then turn negative for the following four years as banks recover those deductions, according to a chart from the full budget document that is making its way through parliament for approval.

A spokesperson for the Finance Ministry …