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Italy’s Deputy Prime Minister Pushes to Water Down Bank Windfall Tax

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Italy’s Deputy Prime Minister Pushes to Water Down Bank Windfall Tax

  • By Silvia Sciorilli Borrelli

Italy's deputy prime minister, Antonio Tajani, said the government's bank windfall tax should not apply to smaller lenders and that it should be tax-deductible. The tax was announced last week and sent shockwaves through financial markets.

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