lunedì 7 aprile 2014

VAT take up 4.6% Jan-Feb, Tax take up 1.2% in same period

VAT: Up 7.6% on domestic trade, Taxes: 61.78 bn euros levied

(ANSA) - Rome, April 7 - Italy's VAT take rose 4.6% in January and February over the same period last year, the economy ministry said Monday.

VAT revenue on domestic trade was up 7.6% and down 8.2% on exports, it said. Higher VAT proceeds indicate greater economic activity.

Italian tax revenues were 1.2% higher in January and February than the same period in 2013, the economy ministry said Monday. Revenues were 735 million euros higher at 61.784 billion euros, it said.

Italy is slowly emerging from its longest postwar recession. 

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