Reforming Tax Expenditures in Italy: What, Why, and How?

Author/Editor: Justin Tyson
Publication Date: January 16, 2014
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary: The IMF has advised country authorities to roll back tax expenditures as a way to support fiscal consolidation efforts—urging them to evaluate tax expenditures according to clear criteria, and assessing their impact on public finances, economic efficiency, equity, and administrative and compliance costs. This paper analyzes tax expenditures in Italy, considering the extent to which tax expenditures can be considered part of an optimal tax system and possible reforms.
Series: Working Paper No. 14/7
Subject(s): Taxes | Italy | Government expenditures | Tax systems | Tax reforms

Publication Date: January 16, 2014
ISBN/ISSN: 9781484370773/1018-5941 Format: Paper
Stock No: WPIEA2014007 Pages: 16
US$18.00 (Academic Rate:
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