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Italy and 10-Percent Tax for Financial Sector Employees

Italy’s tax authority, the Agenzia Entrate, has announced new rules concerning tax compliance for the 2011 Italian income tax returns, namely, “Modello Unico Persone Fisiche 2011”. Article 33 of law decree number 78 dated 31 May 2010 as modified by law number 122 dated 30 July 2010 introduced an additional tax rate of 10 percent... »