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Italy claims no need for 2013 1% VAT rise

  • VAT
  • 13 February 2013 | Richard Asquith

Italy claims no need for 2013 1% VAT rise

The outgoing technocrat Prime Minister of Italy, Maria Monti, last week claimed that due to fiscal tightening there was possibly no need to raise Italian VAT to 23% in 2013, as planned.

Campaigning in Italy for the next general elections is well underway. This has included claim and counter-claim on the need for a VAT rise in Italy this year. Italian VAT has been raised by 1% in both 2011 and 2012 during the height of the Euro currency crisis.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.